fastsailing_sailing_anarchy

pyi banner ad

BBY_SA

http://www.shaw650.com/

fireball banner ad

tacking battle

velocitek ad 11 1

karver ad 1 14

hh banner green

seascape banner

weta banner 2 9

http://www.lymanmorse.com

rapido banner ad 11

farr 280 banner 9 4

c c 8 7 ad

schwab tall banner ad

http://www.dryuv.com

sound ad 4 23

c tech 9 22

http://www.quantumsails.com/

http://www.crowleys.com/

helly 10 9 side banner

ner 2

http://www.mauriprosailing.com/

livin’ (perhaps a bit too) large

So this is what all the class action suit complaints are about against Dan Meyers and his First Marblehead  company. Violation of Federal Securities Laws? Wow, it doesn’t look very good, does it?

Of course you know this is the same guy who is suing us for defamation, right? And did you know that Meyers’ fellow NYYC member (and SDYC member) Drew Friedes is witnessing for Meyers against us? Next time any of you see Friedes, be sure to ask him what his involvement actually is. It is a beauty.  ”Expertise you can count on”, right Drew?

Here’s an excerpt of the Class Action Complaint:

By virtue of their positions at First Marblehead, defendants had actual knowledge of the materially false and misleading statements and material omissions alleged herein and intended thereby to deceive Plaintiff and the other members of the Class, or, in the alternative, defendants acted with reckless disregard for the truth in that they failed or refused to ascertain and disclose such facts as would reveal the materially false and misleading nature of the statements made, although such facts were readily available to defendants.

Said acts and omissions of defendants were committed willfully or with reckless disregard for the truth. In addition, each defendant knew or recklessly disregarded that material facts were being misrepresented or omitted as described above.74. Information showing that defendants acted knowingly or with reckless disregard for the truth is peculiarly within defendants’ knowledge and control.

As the senior managers and/or directors of First Marblehead, the Individual Defendants had knowledge of the details of First Marblehead internal affairs.

Read it all here.

 

September 12th, 2013

hh banner purple

sapphire 27

fisheries banner 9 4

uk ad 4 3

ropeye banner 3 25

rbs banner ad

race q banner ad

FSS_SA

whitecap fp ad

ullman banner 7 24

salty tag 2

nautic banner 11 7

melges banner 10 14

ewol banner ad

swing keel ad.jpg_sml

Gunboat 60 sailing in Annapolis, MD.

anchor new ad

fisheries watch ad 9 18

http://www.camet.com/