Roy, did he actually tell you he needed a 500k retainer? That seems massive
even for something this size. Please call me or email back with any specifics.
My phone is 360 904 1767.Trey TennysonSent from my Galaxy Tab A
-------- Original message --------From: Michael Banks
<americanequitiesinvestors@xxxxxxxxx> Date: 7/30/19 4:32 PM (GMT-07:00) To:
aem-vanc@xxxxxxxxxxxxx Subject: [aem-vanc] Re: Interview of Gary Grenley of
Garvey Schubert Barer Dear Investor Recovery Group,This is Roy Thompson and I
had the pleasure and honor to meet with many of you last week during our first
meeting concerning this very important matter. As some of you know, Gary
Grenley of the Garvey Shubert Barer firm in Portland has tentatively agreed to
take on this matter as lead counsel, if your group can raise the $500,000 for
the Litigation Fund. As to my and my firm’s continued involvement in this
matter, we will continue to collect any and all retainer fees until such time
as it is decided that the funds collected should be transferred to Mr.
Grenley’s firm. In addition, I have a call to Mr. Grenley to discuss whether
his firm will take over the collection of the retainer fees or whether my firm
will continue to collect the fees, but until you hear otherwise from myself or
Mr. Grenley, retainer checks should be sent to the address below:Thompson
Bogran PC5 Centerpointe Dr., Suite 400ALake Oswego, OR 97035Please note that my
firm is creating a separate Client Trust Account specifically related to this
potential legal action. Any retainer checks should be made out to the
following Client Trust Account:“Client Trust Account for Thompson Bográn P.C.”I
want to remind all of you that it was agreed during our meeting on July 25th
that we should attempt to raise the $500,000 Litigation Fund amount within
thirty (30) days. Our firm may continue to work on the matter after Mr.
Grenley’s firm takes the reins, but ultimately that will be the decision to be
made by Lead Counsel, Mr. Grenley. We have been discussing with Mr. Grenley my
firm providing forensic accounting expertise, and work on the forensic
accounting reconstruction that attempts to trace, as accurately as possible,
where the investment money went and what that money purchased. Mr. Grenley has
agreed to the general premise that the goal of $500,000.00 is appropriate and
also that if that goal is not met, the retainer fees will be returned to those
who have contributed. He also agrees that in the event any money is obtained
by way of settlement or trial, the retainer fees will first be paid back to
you, and that afterward, there will be pro rata division of the remaining
proceeds amongst all of you.Thank you all and I wish you the best.Roy Thompson
