Did Doyle Violate SEC Anti-Fraud Laws?
During the WSOP in July, Wicked Chops Poker reported on a Doyle Brunson-led $700 million cash bid to acquire World Poker Tour Enterprises (Nasdaq: WPTE). As news of the bid became public, WPTE stock soared nearly 50%. Days later, when Doyle's bid expired, the stock sank. Now, the Securities and Exchange Commission is launching an investigation as to whether the publication of Doyle's unsolicited bid violated its anti-fraud laws.
Doyle was asked about the WPTE bid in an ESPN chat, which he replied: "Can't talk about that, not right now." (now we know WHY...)
Doyle has also invoked the Fifth Amendment by declining to testify in the investigation.
It would be hard to believe such a class act as Doyle knowingly engaged in anything illegal in his WPT bid, but Wicked Chops Poker will keep you posted as the story unfolds...
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Posted by: las vegas casino | June 23, 2007 at 11:14 AM
hey chops..
every have any luck with our good friends at
www.americanpokerchampion.com
just curious
mike
Posted by: Mike "ChicagoSlims" Kleinstub | December 19, 2005 at 03:10 PM
Will get you one for sure...I'll email you for address...
Posted by: Chops | December 19, 2005 at 07:45 AM
Hey Chops...You have any WickedChopsPoker shirts...send me one..or bring it to Tunica..and I will wear it during play..
I am coming January 10th and will play the
11th(500) (and that friday $1000)
let me know
[email protected]
...ps..I bought WPTE stock..checking with broker on the deal....ouch for me 22 a share now 6.95
Posted by: Mike ChicagoSlims | December 19, 2005 at 07:42 AM