Post by
coldheat on Dec 02, 2014 9:45am
Zhao responds to SEC Complaint
Zhao has responded to the SEC complaint. He has denied all charges, 106 times, and has offered 24 defenses, and a request for a jury trial.
There are 34 pages in this submission to the SEC, so I won't be posting it, but to give you a taste of it, I'll post the conclusion.
"PRAYER FOR RELIEF WHEREFORE, Mr. Zhao respectfully requests that a final judgment be entered in his favor: • dismissing the Complaint against Mr. Zhao with prejudice; • denying in its entirety the relief the Commission seeks against Mr. Zhao in the Complaint; • awarding Mr. Zhao the reasonable costs of this action, including reasonable attorneys’ fees; and • granting Mr. Zhao such other and further relief as the Court deems just and proper. JURY DEMAND Mr. Zhao demands a trial by jury for all claims so triable. Dated: December 1, 2014 New York, New York"