Pages

Thursday, June 11, 2009

Life continues to suck for Sam Jain and his merry bunch of (alleged)fraudsters

Sam_JainFTC denies challenges by Innovative Marketing.


This Court conducted a hearing yesterday on almost all outstanding motions in this case and rendered the following rulings for the reasons stated on the record:

  • Sam Jain's Motion to Stay (Paper No. 45) is DENIED;
  • Kristy Ross's Motion to Temporary Stay (Paper No. 48) is DENIED;
  • FTC's Motion for Order Holding Sam Jain and Kristy Ross in Contempt of Court and Requiring the Repatriation of their Assets (Paper No. 49) is DENIED;
  • Kristy Ross's Motion to Strike or in the Alternative Motion for an Extension of Time (Paper No. 51) is MOOT;
  • Sam Jain's Motion to Strike or in the Alternative Motion for an Extension of Time (Paper No. 52) is MOOT;
  • Sam Jain's Motion to Modify Preliminary Injunction (Paper No. 58) is DENIED IN PART, with the Court withholding a ruling on the requested modification of the asset freeze;
  • Sam Jain's Motion to Dismiss under Rule 12(b)(7) and 19 (Paper No. 60) is DENIED;
  • Kristy Ross's Motion to Dismiss under Rule 12(b)(7) and 19 (Paper No. 61) is DENIED;
  • Marc D'Souza's Motion to Dismiss under Rule 12(b)(7) and 19 (Paper No. 70) is DENIED; and
  • Marc D'Souza's Motion for Temporary Stay and Modification of Preliminary Injunction (Paper No. 71) is DENIED IN PART, with the Court withholding a ruling on the requested modification of the asset freeze.

More over at Sandi’s blog.

Alex Eckelberry

No comments:

Post a Comment

Post a Comment