This will be interesting to follow. Stephen Haas, eToys executive charged with liquidating assets discovered multiple frauds committed by eToys attorney's for creditors and debtors. Denotes multiple cases of perjury and other frauds. (CLICK ON ORANGE PARTS for more details)
Los Angeles – Steven (“Laser”) Haas owns Collateral Logistics, Inc., (“CLI”) locally. Haas sued Mitt Romney for $100 million today for Racketeering in the Central Federal District Court in Los Angeles at 3:47 pm. The case was assigned to the Honorable District Justice Stephen V. Wilson presiding; and Magistrate Justice Alicia G. Rosenberg to hear discovery motions.
This is the official Press Release:
Romney Sued for RICO in Fed Court
Goldman Sachs and Bain Capital are Co-Defendants
Also named in the lawsuit as “Defendants” are Goldman Sachs (who took eToys public and is accused of fraud), Bain Capital (that bought Kay Bee Toys in 2000) and Michael Glazer (CEO of Stage Stores and Kay Bee who worked with Bain/ Kay Bee to buy eToys) and Barry Gold (who worked as director’s assistant at Stage Stores and then became a post-bankruptcy petition President/CEO of eToys in May 2001. Plus Paul Traub is named (who confessed in 2005 that he was secretly Barry Gold’s partner). Mr. Traub was also partners with fraudster Marc Dreier and named by the Federal Receiver over Tom Petters Ponzi as “controller” thereof.
Steven (“Laser”) Haas is actually answering questions on the Democratic Underground
comment stream right now. He is explaining the details.
And let us NOT forget the New York times reported Equity Firm collusion, naming Bain Capital. There is proof that Bain, Goldman, and others rig the game.
Equity Firms Like Bain Collude According to NYTimes
RETAIL COMPETITION IS BEING MURDERED IN AMERICA. These colluding behemoths will take this show on the road and murder retail competition throughout the world until they are stopped.
And BAIN Capital is listed in the impending court case.
In Bain’s biggest acquisition, the $32.1 billion purchase of the hospital giant HCA in 2006, competitors agreed privately to “stand down” and not bid on the company as part of an understanding with Bain to divvy up companies targeted for leveraged buyouts, according to internal e-mails.
A must read: The case FOURTH AMENDED CLASS ACTION COMPLAINT FOR VIOLATIONS OF THE FEDERAL ANTITRUST LAWS - CIVIL ACTION NO.: 07-12388-EFH
Also from the NY Times:
Equity Firms Like Bain Are Depicted as Colluding
E-Mails Cited to Back Lawsuit’s Claim That Equity Firms Colluded on Big Deals
ARTICLES ABOUT BAIN CAPITAL
From Rolling Stones:
Greed and Debt: The True Story of Mitt Romney and Bain Capital
On Mitt Romney, Bain Capital and Private Equity
The Federal Bailout That Saved Mitt Romney
The Scam Wall Street Learned From the Mafia
I offer the above because I think it is relevant to Mr. Haas' case.
Back to Stephen Haas case.
You will find some more details here:
Meet the Man Who Has Been Battling Romney and Bain’s Bankruptcy Fraud for 12 Years
As an eToys executive, Haas had a legal and fiduciary responsibility to report his discoveries to eToys estate managers and lawyers, and instead of gratitude for doing his job well, he was asked to betray his client for the sake of his future in the liquidation business.
As an officer of the court, and 18 USC § 4 – Misprision of felony, Mr. Haas, having knowledge of the commission of a felony had a duty, as soon as possible, to make known the same to some judge or other person in civil authority and if he failed to do so, he risked being fined or imprisoned not more than three years, or both. Haas fulfilled his legal duty and reported the malfeasance to the proper authorities.
Affidavit of Stephen (Laser) Haas Aug 3, 2012
That is when they offered me an $850,000 bribe and I told them no! This caused a panic in their ranks, because I reported the bribe to the Delaware Department of Justice. Who informed this laymanthat it was not really a bribe – until accepted. (
In the meantime, they conspired to Obstruct and Destroy Evidence. http://petters-fraud.com/...
I wonder if the Mainstream Media will pick this up? Will teflon Mitt and Bain Capital avoid prosecution?
You can follow dkos member LASER HAAS here.
UPDATE: NOVEMBER 6, 2013
Racketeering Romney Lawsuit Becomes Official November 6th, ironically the one year anniversay of Romney's loss in his run for President.
It is now OFFICIAL
- the Racketeering Lawsuit of Laser Haas v Mitt Romney is going forward.