Scott Traudt has named Ari Rubenstein a defendant in the newest MMTLP lawsuit, along with FINRA, Schwab, and GTS Securities.
We knew it was coming. But most of us probably didn’t expect the suit to name the recently resurfaced Ari Rubenstein.
Ari is the President of GTS Securities, a market maker that is suspected of being a major short seller and counterfeit share enabler of MMTLP.
The lawsuit was filed in Vermont to recover damages for violations of the Securities Exchange Act of 1934. It sought a writ of mandamus against Gary Gensler, a court order that requires a government official or entity to perform a legal duty or stop doing something the law prohibits. The lawsuit also stipulates the return of two days of trading and also includes RICO charges.
The lawsuit even mentions Rubenstein as being tied to the falsified documents linked to the initial trading of MMTLP.
The suit also references conversations with Schwab that were recorded by Schwab and refused to be provided or even replayed for Traudt.
The lawsuit document is 69 glorious pages and seeks to restore two days of trading for MMTLP.
Here are the important elements of the ask that will affect all shareholders:
Thank you to Scott for taking this major step toward justice for all MMTLP shareholders.