re: 12Dailypro
July 18, 2006
Re: Securities and Exchange Commission v. Charis Johnson,
LifeClicks, LLC, and 12Daily Pro; USDC, Central Dist. of CA, Case No.
CV 06-01018-NM(PLAx)
This letter is being sent to you to provide information
about this case. On April 21, 2006, and May 20, 2006, Thomas F.
Lennon, the United States District Court appointed Receiver sent
e-mail letters to a large number of e-mail addresses derived from 12
DailyPro and StormPay databases. The Receiver has now recovered
additional e-mail addresses and is using them, as well as all the
previous e-mail addresses, to send this e-mail. The previous letters
as well as this document can be viewed at
www.tlennonfor12dailypro.com. In addition, the Receiver's website
contains his e-mail address and a list of Frequently Asked Questions
with recent updates along with other case information.
As previously noted in the letters sent to
investors/members, investors who used credit cards for a credit
transaction are not prohibited from initiating a charge back through
their credit card issuer. Investors that used checks, electronic fund
transfers and debit cards are prohibited from initiating a charge back
by the Orders issued by the Court. The Orders are also posted on the
web site. Please note that in many situations the period within which
you could have initiated a charge back may have passed. The rules of
the credit card issuer determine the time allowed. The rights of
consumers to dispute electronic transfers are limited to unauthorized
debits or errors in the amount of debits, but do not provide a right
to reverse a transfer because the consumer has discovered that the
recipient was perpetrating a fraud. Moreover, all investors and
creditors are enjoined from initiating any legal action against
12Daily Pro, LifeClicks or Charis Johnson.
The Receiver realizes that the investors have many
questions and concerns. The web site referenced above and the FAQ will
answer many of those questions in more detail, but some of the answers
to your questions can be summarized as follows:
All investors, foreign and domestic will be treated
equally under the law. Investors who used EMO and E-Gold as payment
processors will be treated the same as investors that used StormPay.
Any distribution plan proposed by the Receiver will be done on an
equitable basis. The length of time an investor was invested in the
program will not be a considered in distributions. If you received
this e-mail or the first e-mail sent on April 21, 2006, or the second
e-mail sent on May 20, 2006, you are on the investors list. The
Receiver will be providing the Court and all interested parties
Reports on the status of the case as required and when otherwise
appropriate. These Reports will be posted on the Receiver's web site.
While queries to the Receiver by phone and e-mail will continue to
receive a response, it is not the Receiver's practice to provide
updates to individual investors because of the prohibitive costs
associated with trying to communicate with thousands of investors on
an individual basis. Please minimize these costs by checking the
website and the FAQ before calling or e-mailing the Receiver. The
Receiver realizes that this is an extremely frustrating situation for
investors, but please understand that he is working as diligently as
possible to reach a fair and equitable result. Please check the
website for updates and further information including answers to
Frequently Asked Questions.
Re: Securities and Exchange Commission v. Charis Johnson,
LifeClicks, LLC, and 12Daily Pro; USDC, Central Dist. of CA, Case No.
CV 06-01018-NM(PLAx)
This letter is being sent to you to provide information
about this case. On April 21, 2006, and May 20, 2006, Thomas F.
Lennon, the United States District Court appointed Receiver sent
e-mail letters to a large number of e-mail addresses derived from 12
DailyPro and StormPay databases. The Receiver has now recovered
additional e-mail addresses and is using them, as well as all the
previous e-mail addresses, to send this e-mail. The previous letters
as well as this document can be viewed at
www.tlennonfor12dailypro.com. In addition, the Receiver's website
contains his e-mail address and a list of Frequently Asked Questions
with recent updates along with other case information.
As previously noted in the letters sent to
investors/members, investors who used credit cards for a credit
transaction are not prohibited from initiating a charge back through
their credit card issuer. Investors that used checks, electronic fund
transfers and debit cards are prohibited from initiating a charge back
by the Orders issued by the Court. The Orders are also posted on the
web site. Please note that in many situations the period within which
you could have initiated a charge back may have passed. The rules of
the credit card issuer determine the time allowed. The rights of
consumers to dispute electronic transfers are limited to unauthorized
debits or errors in the amount of debits, but do not provide a right
to reverse a transfer because the consumer has discovered that the
recipient was perpetrating a fraud. Moreover, all investors and
creditors are enjoined from initiating any legal action against
12Daily Pro, LifeClicks or Charis Johnson.
The Receiver realizes that the investors have many
questions and concerns. The web site referenced above and the FAQ will
answer many of those questions in more detail, but some of the answers
to your questions can be summarized as follows:
All investors, foreign and domestic will be treated
equally under the law. Investors who used EMO and E-Gold as payment
processors will be treated the same as investors that used StormPay.
Any distribution plan proposed by the Receiver will be done on an
equitable basis. The length of time an investor was invested in the
program will not be a considered in distributions. If you received
this e-mail or the first e-mail sent on April 21, 2006, or the second
e-mail sent on May 20, 2006, you are on the investors list. The
Receiver will be providing the Court and all interested parties
Reports on the status of the case as required and when otherwise
appropriate. These Reports will be posted on the Receiver's web site.
While queries to the Receiver by phone and e-mail will continue to
receive a response, it is not the Receiver's practice to provide
updates to individual investors because of the prohibitive costs
associated with trying to communicate with thousands of investors on
an individual basis. Please minimize these costs by checking the
website and the FAQ before calling or e-mailing the Receiver. The
Receiver realizes that this is an extremely frustrating situation for
investors, but please understand that he is working as diligently as
possible to reach a fair and equitable result. Please check the
website for updates and further information including answers to
Frequently Asked Questions.
posted by JamesB at 8:03 AM
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