EXXON MOBIL EXECUTIVES SANCTION ILLEGAL EXXON MOBIL SWEEPSTAKES, [NBA FINALS, DRIVE AWAY]; Plus, SECURITIES FRAUD

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March 20, 2018

Prescott Lovern, Sr. (Lovern) investigated two Exxon Mobil Sweepstakes. Every Fill-up is a Chance to Win Promotion [NBA FINALS]; and, 2) Mobil 1™ Earth Day Drive Away Sweepstakes (collectively “Sweepstakes”). Both are illegal. The websites being used to facilitate the Sweepstakes discriminate against the visually impaired [ADA violations]; plus,the method of entry violates “Equal Dignity.”

The Official Rules of the Sweepstakes violate, but not limited to, [Statutory Illegality]. Contracts that are contrary to statutory rights are considered void. [U.S. Supreme Court (SCOTUS) precedent]. A contract will be considered void when it requires one party to perform an act that is illegal. Both sets of Official Rules are also against public policy, and violate “equal protection.” Exxon Mobil lawyers are so arrogant they think they can do like California and not comply with federal laws.

ATTENTION INVESTORS: Several years back Exxon Mobil got rid of their affinity MasterCard because they were taking proceeds from a racketeering enterprise conspiracy (48 years old, still going on) being operated by Mastercard, Inc. & VISA, Inc. [Under Rex Tillerson's watch]. They are still liable for the other co-conspirators’ liability, which is trillions of dollars. Pretty soon the ____ is going to hit the fan, and as big as Exxon Mobil is, they can be bankrupted. Lovern controls the RICO / PAG lawsuit.

In addition, in their attempt to cover-up the PAG / RICO catastrophic liability, Exxon Mobil has committed massive securities fraud, which is based on SCOTUS binding precedent, known to the Officers, Directors & senior lawyers. INVESTORS SHOULD BE CAREFUL.

If Exxon Mobil’s lawyers want to challenge Lovern’s RICO Conspiracy claims they can meet with him and the F.B.I. any time.

Exxon Mobil may be big, but so was David’s Goliath.

Stay tuned.

 

 

BANK OF AMERICA & WELLS FARGO REAL ESTATE TITLE FRAUD DOCUMENTS STILL CLOUDING RESIDENTIAL TITLES NATIONWIDE

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March 16, 2018

Prescott Lovern, Sr. (Lovern) just attempted to purchase a house in Maryland only to discover that Wells Fargo had not done anything [as required] about a fraudulent Certificate of Satisfaction recorded by DocX, allegedly signed by the infamous Linda Green [she and the DocX CEO went to prison for fraudulent title documents like the one mentioned], making the house impossible to legally buy due to the clouded title. Wells Fargo (WF) lawyers Pam Pearson, Allen Parker and their outside law firm Morrison Foerster lawyer, [Michael Miller] swept it under the carpet. “Wells Fargo to pay $1.2 billion in U.S. mortgage fraud settlement.” [Feb. 2016]. This is just a drop in the bucket of what WF has paid out in settlements.

After finding a second house to buy Lovern discovered that it too did not have clear title due to Bank of America recording a fraudulent title document on behalf of Mortgage Electronic Registration Systems, Inc. (MERS). The proof that the MERS document is fraudulent is sworn testimony by the MERS corporate secretary admitting it. Alleged “apparent authority” is legally impossible because of fraud committed by MERS’ corporate secretary and Delaware Court precedents / corporation law. [MERS is a Delaware corporation]. Bank of America (BOA) lawyers David Leitch, Jill Anderson & Andrew Cline swept this under the carpet offering no explanation about what BOA intends to do about this and other clouded titles all over the country. Lovern offered to take it off their hands if they bought it back, knowing it didn’t have clear title in lieu of litigation, but they elected to waste more shareholder equity. Lovern is filling disciplinary complaints against the all the lawyers.

Wells Fargo & BOA continue to defraud homeowners and potential homeowners with known fraudulent assignments and certificates of satisfaction recorded [local courthouses] all over the country. BOA has spent over $70 billion since the financial crisis to resolve legal and regulatory matters, including those tied to its purchases of Countrywide in July 2008 and Merrill Lynch & Co.

ALERT!!!!!!! CONSUMERS, HOME BUYERS…, DON’T ASSUME YOUR TITLE COMPANY IS TELLING YOU THE TRUTH ABOUT CLEAR TITLE AS MANY TITLE COMPANIES ARE IN ON THE SCAM. It is estimated that over 50% of all residential properties in America have clouded titles. The regulators are looking the other way.

Litigation is coming. Stay tuned.

THE WENDY’S COMPANY FILES ILLEGAL 10 K ON FEB. 28, 2018

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MARCH 1, 2018

Prescott Lovern, Sr. says The Wendy’s Company (Wendy’s) filed an illegal 10 K on Feb. 28, 2018, with the SEC. In their 10 K [signed by all Directors, CEO Todd A. Penegor and CFO Gunther Plosch] Wendy’s failed to disclose “non-routine” potential catastrophic liability that Wendy’s cannot guarantee to investors that said liability will not “materialize,” required by federal law [U.S. Supreme Court precedent] and District of Columbia securities law.

Instead of complying with the law Wendy’s used generic boilerplate language prohibited by SEC Rules. 2017 SEC Corporation Finance – 303 Staff Manual, which states;

“MD&A should not consist of generic or boilerplate disclosure. Rather, it should reflect the facts and circumstances specific to each individual registrant. S-K 303 is a       ‘principles-based’ disclosure requirement. It is intended to provide management with     flexibility to describe the financial matters impacting the registrant. [underline added].

From the 10 K:

“We are involved in litigation and claims incidental to our current and prior businesses, including the legal proceedings related to a cybersecurity incident as described in ‘Item 3. Legal Proceedings.’ We provide accruals for such litigation and claims when payment is probable and reasonably estimable. Most proceedings are in preliminary stages, with various motions either yet to be submitted or pending, discovery yet to occur and significant factual matters unresolved. In addition, most cases seek an indeterminate amount of damages and many involve multiple parties. Predicting the outcomes of settlement discussions or judicial or arbitral decisions are thus inherently difficult. We review our assumptions and estimates each quarter based on new developments, changes in applicable law and other relevant factors and revise our accruals accordingly.”

Stay tuned.

PRA GROUP, INC. (aka PORTFOLIO RECOVERY ASSOCIATES) FACING POTENTIAL BANKRUPTCY FOR THEIR PARTICIPATION IN MASTERCARD & VISA’S RACKETEERING ENTERPRISE

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FEBRUARY 27, 2018

Prescott Lovern, Sr. (Lovern) says PRA GROUP, INC. (PRA) (aka Portfolio Recovery Associates) is facing potential bankruptcy for their willing participation in MasterCard & Visa’s racketeering enterprise connected to illegal fees charged to cardholders’ credit cards, unknown to the cardholder. [Trillions of dollars in total Enterprise liability].

PRA buys large portfolios of unpaid and delinquent obligations from consumers to credit originators like banks, credit unions, auto-finance companies, and retailers. About 70% of the time, this debt is in the form of credit card debt. Visa (NYSE:V) and Mastercard (NYSE:MA) don’t assume the risk of default when the consumer gets one of their credit cards – the issuer of the card does, and it’s the issuer of the credit card keeping the illegal fees, charging them to the customer’s account. When the customer does not pay PRA is almost always buying this debt for pennies on the dollar [not all issuing banks].

Since PRA was founded in 1996, it has acquired more than 2,748 portfolios with a nominal face value around $70 billion for a total price of about $2.7 billion (roughly 3.5 cents on the dollar) (where PRA agrees in advance to buy any debt that is charged off over a period of time for a specific percentage of the debt’s face value). Here lies the problem.

The MasterCard / VISA credit card charged off debt includes the illegal fees charged to the credit card account. PRA then attempts to collect those illegal fees in violation of state & federal laws, including federal felonies. PRA is successful at collecting many of these illegal fees, and in the process they don’t tell the account owner about the illegal fees charged to their credit card account.

Shareholders and Investors should pay close attention to PRA’s upcoming 10 K to see if the officers & directors disclose this liability, as it is required to be disclosed under 303.

If PRA wants to challenge Lovern’s findings he will gladly meet with them at the F.B.I.

Stay tuned.

 

 

AMERICAN ARBITRATION ASSOCIATION & JAMS ARBITRATION INTENTIONALLY VIOLATING THE CONSTITUTIONAL RIGHTS OF U.S. CITIZENS & COMMITTING FEDERAL FELONIES

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FEBRUARY 16, 2018

Prescott Lovern, Sr. (Lovern) says AAA & Jams are operating illegal arbitration services with their members who make a customer waive Private Attorney General (PAG) or representative actions, forcing the customer to pursue a claim ONLY on a individual basis. [Class Actions can be prohibited under the Federal Arbitration Act (FAA)]. PAG Litigation and PAG Arbitration cannot be waived, per the U.S. Supreme Court (SCOTUS). Federally protected / statutory rights cannot be taken away via a mandatory arbitration provision.

Every time AAA and/or JAMS allows one of their members to force a consumer to arbitrate individually under their respective rules they commit, but not limited to, federal felonies [18 U.S. C. Sec.'s 241/242]. Lovern will be pursuing criminal charges against AAA & JAMS executives, lawyers, and high profile Directors through the U.S. Department of Justice. Massive civil litigation is being prepared. Lovern warned AAA & JAMS a couple years ago but they never stopped.

Examples of companies AAA & JAMS are conspiring with are Wendy’s, Arby’s, Buffalo Wild Wings, Comcast, Wells Fargo, Citibank, virtually every company that has mandatory arbitration … just look for language that prohibits “Private Attorney General,” “representative,” must be “individual claim.”

Lovern will be going after big law firms like DAVIS WRIGHT TREMAINE and  MORRISON FOERSTER who have aided & abetted one of the biggest legal SCAMS in modern history. Why? The almighty dollar. Lawyers who are officers of the court are participating in federal felonies, intentionally violating the constitutional rights of consumers. They should be disbarred. The legal profession is at an all time low.

Lovern says, “if AAA or JAMS, or any of their blood sucking members or lawyers think they can prove me wrong in court, SUE ME. You can’t be sued for telling the truth. My opinion and their opinion are not worth 5 cents, but the Opinion of SCOTUS is worth everything.

Stay tuned.

Note: More to come on how Davis Wright Tremaine (DWT) helped Wendy’s / Arby’s [Wendy's owns 18.5% of Arby's] cover-up Buffalo Wild Wings (BWW) securities fraud in SEC filings filed by BWW in connection to their sale to Arby’s, said SEC filings contain illegal arbitration provisions. Mandatory arbitration in a SEC filing is very unusual. Lovern intends to sue Wendy’s, DWT, Arby’s & Roark Capital [Arby's parent company] on behalf of victims of the aforementioned illegal arbitration.

 

PRESCOTT LOVERN, SR. CATCHES BUFFALO WILD WINGS FILING FRAUDULENT SEC DOCUMENTS IN 2017

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FEBRUARY 13, 2018

Prescott Lovern, Sr. (Lovern) caught Buffalo Wild Wings (BWW) filing fraudulent SEC documents in 2017 while finalizing their $2.9 Billion sale to Inspired Brand’s, Inc. (fka Arby’s Restaurant Group, Inc.) (Arby’s). Lovern confronted Arby’s and Roark Capital Group who owns Arby’s. They immediately went into cover-up mode.

When Lovern confronted BWW’s general counsel she disappeared and so did the SEC documents in question from the BWW website, but, Lovern has them.

This is going to be a very interesting situation considering there is a BWW shareholder lawsuit pending over the sale of BWW to Arby’s. Roark Capital is playing with fire.

Stay tuned.

 

 

 

WELLS FARGO & CO., ITS EXECUTIVES AND LAWYERS, CONTINUE TO LIE TO ITS BANK CUSTOMERS ABOUT MANDATORY ARBITRATION

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FEBRUARY 8, 2018

Prescott Lovern, Sr. (Lovern) is fed up with the continuous lies out of Wells Fargo & Co. (WFC), its Directors, Officers and Lawyers, and Wells Fargo Bank (WFB), via WFB’s illegal arbitration provision, press releases, and perjured testimony.

The proof they are lying is Known as the “effective vindication of statutory rights” rule, whereby the Court declared that waivers of procedural rights that prevent litigants from “effectively . . . vindicat[ing]” their substantive rights are also unenforceable [WFB's arbitration provision]. Mitsubishi, 473 U.S. at 637. [U.S. Supreme Court binding precedent since 1985].

WFC / WFB et al. have had 18 months to correct this but they think they are above the law… NOT MUCH LONGER. WFC Directors, CEO Tim Sloan & General Counsel Allen Parker, continue to sweep this under the carpet.

Wells Fargo & Co. directors, officers & lawyers should be prosecuted and put in prison.

Stay tuned.

 

PRESCOTT LOVERN, SR. CATCHES WENDY’S & SUBWAY DUPING CUSTOMERS WITH ADVERTISING

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FEBRUARY 6, 2018

Prescott Lovern, Sr. (Lovern) has caught Wendy’s & Subway duping customers with their advertising. Both companies run corporate TV ads and respective website promotions that offer special pricing on respective food products.

The TV Ads have unreadable fine print that says [paraphrase] participating restaurants and price varies. What they don’t tell the consumer is that their respective franchisees are NOT required to honor advertising from corporate. More importantly not disclosed  is that roughly 100% of all Subway locations are franchises. And, roughly 99.5% of all Wendy’s are franchises.

Corporate drives consumers to their restaurants and many times the consumer finds out that $4.99 Footlong, or, 4 for $4, is not available. Two options, leave, or buy more expensive food.

Nice scam.

Stay tuned. More to come.

NFL SANCTIONS ILLEGAL SUPER BOWL SWEEPSTAKES

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UPDATE: 2/2/18 – Super Bowl Host Committee Hiding

FEBRUARY 1, 2018

Prescott Lovern, Sr. (Lovern) investigated and discovered that Anheuser – Bush (AB) / Bud Light’s Super Bowl Tickets for Life Sweepstakes [2017-2018] was not only illegal, but in Lovern’s opinion, part and parcel to a racketeering enterprise connected to the purchase of Bud Light. [Purchasing Bud Light was one way to enter]. Lovern contacted NFL attorneys who tried to cover it up, along with AB, AB’s outside law firm retained to handle the matter, Skadden Arps, and, YA Engage [Sweepstakes Administrator].

The NFL et al. looked the other way while the Sweepstakes was still going on. The illegal language in the Sweepstakes’ Official Rules was written to protect the paranoid, corrupt, scandal ridden NFL. From the Official Rules:

If Sponsor [AB] so elects, the potential Grand Prize winner and guests may be required to submit to a confidential background check. Such background check may include (but is not limited to) investigation of criminal, sexual offenses, or other arrest or conviction record, and any other factor deemed relevant by the Sponsor to help ensure that the potential Grand Prize winner and guests will not bring the Sponsor or the NFL Entities (as defined below) into public disrepute, contempt, scandal or ridicule or reflect unfavorably on the Sponsor or the NFL Entities (as defined below). If requested, the potential Grand Prize winner and guests agree to sign waiver forms authorizing the release of personal and background information [extortion]. In the event of noncompliance, to be determined at the sole discretion of Sponsor, prize will be forfeited and will be awarded to an alternate winner (time permitting).” [bold & underline added]. This language violates Sweepstakes black letter law.

In Bud Light television ads (TV Ad) promoting the Sweepstakes, in fine print too small to read [on TV Ad for a few seconds], viewers were told to go to Bud Light’s website and see Sweepstakes’ details in Official Rules. I doubt many entrants did because you couldn’t read the fine print. This same language was used in the 2016-2017 Official Rules, same Sweepstakes, that was administered by Merkle Group, Inc. / HelloWorld. Merkle is owned by Dentsu Aegis.

The fact that the National Football League [NFL] would participate in such an outrageous wilful and wanton disregard for the rights of their fans explains why they don’t respect our flag and National Anthem. AB’s motive was purely financial.The NFL’s motive is just as puzzling as their position on taking a knee. The $64,000 question is, did the NFL get a cut of the Bud Light sales?

We’ll see what the 2018 Host Super Bowl Committee has to say about the NFL’s conduct.

Stay tuned.

GEORGE MADISON, COVERED-UP MASSIVE MASTERCARD / VISA CREDIT CARD CRIMINAL ENTERPRISE WHEN HE WAS GENERAL COUNSEL AT U.S. TREASURY, NOW HELPING PRIVATE SECTOR DO THE SAME

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FEBRUARY 1, 2018

Prescott Lovern, Sr. (Lovern) is in court with Mastercard, Inc. and Citibank over the massive MasterCard / VISA credit card criminal enterprise that George Madison (Madison) covered-up when he was general counsel at the U.S. Treasury during the Obama Administration.

Here’s a shocker, Sidley Austin (Sidley) represents Citibank in the court case and Madison works for Sidley. What a coincidence. The Obama corruption train will just not go away. What do you think Madison makes at Sidley? It’s obviously plenty.

Stay tuned.