Investors are very pleased that the U.S. attorney's office obtained the guilty pleas in such a short period of time. However, they are very concerned that the hearing didn't mention the seizure of any more funds other than the 100 million in Arizona.
For some, it's a significant amount of their net worth.
It's great news for the group of investors we represent. We are in the process of making applications to the Arizona attorney general for our clients pro rata share of the funds seized.
It's a fantastic thing for investors. People thought all the money was gone. It's secure, sitting in the treasurer's office.