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Old 09-24-07, 06:48 PM   #1
SBR_John
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Default Cascade update 9/24/07

We are presently trying to negotiate a settlement. This process may take a few more days.

In the meantime, Bill will make a post today with the purpose of collecting players information for those who wish to use the current initiatives in an attempt to recover funds.

Providing your account balance and other information will not commit you to be apart of future legal proceedings. Should all negotiations fail a legal class will be formed. At that point we will further explain the pluses and minuses for joining the class.
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Old 09-24-07, 07:07 PM   #2
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Thats great to hear SBRJohn, good work and getting these peoples funds back from them, I am glad I am not with them but just in case if the one that I am with has problems then I know you guys will be there. I just hope everything works out and you don't have to go through a class action lawsuit down there, it sure is a pain to do that and it takes up lots of time too. I just hope everything gets worked out and it doesn't have to go that far.
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Old 09-24-07, 07:41 PM   #3
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Thanks, John!
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Old 09-24-07, 07:50 PM   #4
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Thanks, John!
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Old 09-24-07, 08:12 PM   #5
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John,

Your efforts on getting the players money back shows a genuine concern about us and I for one truly appreciate it.
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Old 09-24-07, 08:43 PM   #6
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SBR-John, can you be more specific when you say you are negotiating a settlement...with who? Are you negotiating with Cascade? If not, what you mean by "trying to negotiate a settlement"? By when would those interested need to contact you with info to be part of this "settlement"?


Thanks!


Quote:
Originally Posted by SBR_John View Post
We are presently trying to negotiate a settlement. This process may take a few more days.

In the meantime, Bill will make a post today with the purpose of collecting players information for those who wish to use the current initiatives in an attempt to recover funds.

Providing your account balance and other information will not commit you to be apart of future legal proceedings. Should all negotiations fail a legal class will be formed. At that point we will further explain the pluses and minuses for joining the class.
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Old 09-24-07, 09:31 PM   #7
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Quote:
Originally Posted by RonPaul2008 View Post
SBR-John, can you be more specific when you say you are negotiating a settlement...with who? Are you negotiating with Cascade? If not, what you mean by "trying to negotiate a settlement"? By when would those interested need to contact you with info to be part of this "settlement"?


Thanks!
I'm going to remain vague on most points because I think its in the best interest of all involved at least for now. No one is trying to show up anyone and I dont want it to be precieved as such. Its just business. We want to help all involved find a solution.

Yes, we are talking to Cascade. If you are owed by Cascade you should contact us now with your account info. As I mentioned earlier, you are not committing to anything.
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Old 09-24-07, 11:52 PM   #8
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Thanks John!

What is the best way to send you our account info??
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Old 01-11-10, 05:35 PM   #9
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How much was recovered by this settlement and/or legal action?
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Old 01-11-10, 05:37 PM   #10
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Hi taco
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Old 01-11-10, 05:46 PM   #11
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1 post to go, durito - make it a good one.
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Old 01-11-10, 05:48 PM   #12
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Oh I want to know
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Old 01-11-10, 05:51 PM   #13
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no money was recovered by players and SBR did a good job in protecting Lenny's identity. Would be great for John to give us another update on this--thanks for the bump Taco bueno
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Old 01-11-10, 06:10 PM   #14
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Quote:
Originally Posted by katstale View Post
no money was recovered by players and SBR did a good job in protecting Lenny's identity. Would be great for John to give us another update on this--thanks for the bump Taco bueno
Were you part of the lawsuit kats? SBR paid a lawyer a mid 5 figure retainer on behalf of the players. From there it was between the players and Lenny. We were not in the loop after that. I'm pretty sure those players who got involved got Lennys info. If you are part of the suit the lawyer will give it to on request.
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Old 01-11-10, 06:13 PM   #15
jjgold
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Lenny did not go anywhere, i interviewed him not too long ago


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Old 01-14-10, 01:38 PM   #16
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I have had a credit account with Cascade for years, and Lenny has personally sent me money. My agent says it's only the Post Up side where Lenny is hurting.
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Old 01-14-10, 02:03 PM   #17
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Wish you could personally send him some vdspread. He has made no effort whatsoever to repay the hundreds of thousands he ripped off. If he had a longer life expectancy, he would be paying the folks dribs and drabs along the way.
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Old 01-14-10, 02:59 PM   #18
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He ripped me off also - He runs a fraud operation disguised as a Sportsbook
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Old 01-14-10, 03:14 PM   #19
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nmmmm
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Old 01-14-10, 03:36 PM   #20
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Quote:
Originally Posted by vsdspread View Post
I have had a credit account with Cascade for years, and Lenny has personally sent me money. My agent says it's only the Post Up side where Lenny is hurting.
Owing 7 figures for 3 years is a bit more than hurting. Good thing you've somehow gotten paid, since no one else has.
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Old 01-14-10, 03:44 PM   #21
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hell of a video jj
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Old 01-14-10, 04:44 PM   #22
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Quote:
Originally Posted by Terrapin Station View Post
hell of a video jj
players advocate

thanks guy
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