Quote Originally Posted by PAR View Post
Instead of speculation, I would love to set the tone straight.

I know there is a lot of trolling on this forum but this post has serious intention. The MCA industry is under a microscope and even though we've been the target / trying to be made an example of, it's failing. Miserably. Their only play against us now is slander, which everyone should comprehend. Even though this news is going public now, this situation has been going on for years. We've overcame any issues since, paying any and every fine thrown at us. We've been in court recently and WON. What is occurring now is just chasing and verifying our documentation.

We have no intention of leaving this space, we are not going anywhere -- what do you expect when you're at the top?
The SEC plays dirty when they lose. They spend huge amounts of taxpayer money and still lose. The only way they win is by spending you out of court - they audited Bernie Madoff's fund 3 times and not only didn't they stop him but they basically gave him a license to steal billions more. So now they picked a fight with a fighter and, as expected, are losing badly once again. What to do? Have some homeys from the FBI go down to their offices and order coffee; then tell the world. Pathetic - especially when you consider that real frauds & criminals like Corzine and Diamon skate. Par runs a tight ship and SEC lawyers are clowns - my money's on Par.