HomeLloyd's DemandsInvestors' Dear Lloyd EmailsPost CommentRead Comments
   
 
  Below are two email excerpts from Lloyd to Dan Harkey expecting and demanding special treatment. In addition, copies of signed disclosures by Lloyd are posted.  
 
 
 
  Lloyd's Signed Disclosures  
 
  Lloyd, you are a highly sophisticated investor and lawyer who reviews all your documents and disclosures. You take an abundance of time and ask many questions before you invest.

The when anything doesn't go the way you want, you demand special treatment, as though you are above the law and better than other investors. You have stated that you are unique and special and deserve special treatment? Other investors are fully aware that they are paying the price for your "special treatment status"!

Let's review some of your disclosures accepted and signed by you.

Signed Disclosures      NFL Risk Disclosure      Fractional Note Risk Disclosure
 
 
 
 
  Email excerpts to Dan demanding Special Treatment  
 
  12/16/2007: You have told me I'm in no different position than any other investor. I simply don't agree, and, out of courtesy to you, am explaining why. You've told me you cannot treat me differently than other investors. You can. You should. Eventually you WILL, although by then we will have traveled down a long arduous litigious path which will by necessity involve many others. At that time I fear you will look back on this opportunity to handle my issues and wish you had met with me. ... You personally made many assertions, comments and promises to me directly which you may not have made to others. That puts me in a different position than other investors. ... Dan, I am NOT in the same position as every other investor.  
 
 
 
  12/20/2007: Dan, while I understand your reticence to agree I've been harmed or that you would be found liable, you can understand the many reasons it is in your best interest to put this potential dispute behind you without alarming many other investors and taking a chance on significant adverse "fall-out".  
 
 
 
  A recent article on www.marketwatch.com was posted addressing this very issue:

SEC concerned about 'preferential redemptions'

The Securitites and Exchange Commission is concerned that managers of locked-up hedge funds may be favoring themselves over their investors, Commissioner Elisse Walter said Friday.
read article

 
  In response to this article, a post was added on 3/20/2009 by a concerned investor to the General Comments section of this website:

"Looks like Harkey was right! An article on marketwatch.com today says the SEC is looking at a lot of hedge funds to see if their advisors or "favored investors" got any "preferential redemptions"! Sound familiar?! Dan refused to give Charlatan that "preferential redemption" he wanted so bad. Good thing he did, too! Not only would the other investors have sued him, but the SEC would be all over him. Was that Lloyd's plan all along? Get a preferential redemption and then report it to the SEC to get Dan in hot water? We may never know..."
 
 
  Should Lloyd Charton be given preferential treatment over you?
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