SEC v Sayre Website

Thank you for visiting the SEC v Sayre case website. Mailing of the class Notice commenced on September 10, 2010.

A settlement has been reached in this matter by the Securities and Exchange Commission, Sayre and his company, IFR. The Commission alleged that Sayre and IFR made materially false and misleading statements in stock recommendations about eConnect, whose stock, at the time, was quoted on the Over-The-Counter Bulletin Board. It is also alleged that Sayre purchased eConnect stock before issuing the recommendations and sold them at dramatically higher prices.

This settlement involves all person or entities who purchased eConnect Inc. common stock between February 29, 2000 and March 10, 2000, inclusive.

If you would like to view or print case related documents, please click one of the links below:

Notice

Proof of Claim Form

Summary Notice

Order Approving Distribution Plan

Order 1) Appointing a Tax Administrator; 2) Directing the Turnover of Frozen Funds; 3) Of Deposit; and 4) Appointing a distribution Agent

For further information, please use the following toll-free number: 866-967-6895
or via e-mail at classact@gilardi.com

[Note: All documents are in the .PDF format. To view the documents you will need the Adobe Acrobat Reader. Click on the icon below to download the Acrobat Reader.]