Pics of Larry Klayman "in action" this morning at the Haliburton-Cheney Lawsuit Press Conference

Yahoo-AP ^ | 07.10.02 | AP-Via Yahoo

[Registered]

Larry Klayman, chairman and general council of Judicial Watch, holds a news conference on suit filed against Vice President Dick Cheney in Miami Wednesday, July 10, 2002. The group said it was suing Cheney and Halliburton Co., the oil services company he ran for five years, alleging fraudulent accounting practices at the company. (AP Photo/Hillery Smith Garrison)

Larry Klayman, chairman and general counsel of Judicial Watch, holds a news conference in Miami to announce that Judicial Watch has filed a lawsuit against Vice President Dick Cheney Wednesday, July 10, 2002. The group said it was suing Cheney and Halliburton Co., the oil services company he ran for five years, alleging fraudulent accounting practices at the company. (AP Photo/Hillery Smith Garrison)

Larry Klayman, chairman and general counsel of Judicial Watch, holds a news conference on a suit filed against Vice President Dick Cheney in Miami Wednesday, July 10, 2002. The group is suing Cheney and Halliburton Co., the oil services company he ran for five years, alleging fraudulent accounting practices at the company. (AP Photo/Hillery Smith Garrison)

[Fred Mertz]

I missed the press conference, it seems that every local TV station did as well.

I caught a brief clip on ABC evening news, during the first 5 minutes.

You missed a great opportunity.

[Luis Gonzalez]

"Is it the background music to Jaws?"

Naw...I have a nice recording of an ambulance siren that would be just perfect.

[Howlin]

I couldn't find anything about it anywhere, except the usual suspects.

[Howlin]

Jul 9, 2002

Contact: Press Office 202-646-5172

VICE PRESIDENT CHENEY SUED PERSONALLY FOR ALLEGED STOCK FRAUD Alleged Fraudulent Accounting Practices Occurred At Halliburton PRESS CONFERENCE Date: July 10, 2002 Time: 9:00 A.M. Location: Sheraton Hotel Parlor 1, 495 Brickell Ave Miami, FL (Washington, D.C.) Judicial Watch, the group that investigates and prosecutes corruption by government officials, announced today that it is filing a shareholders suit in Dallas, Texas, against Vice President Dick Cheney and the other involved directors of Halliburton, as well as Halliburton itself, for alleged fraudulent accounting practices which resulted in the overvaluation of the company’s shares, thereby deceiving investors and others. The suit comes one day after President George W. Bush, who himself is enmeshed in allegations of insider trading when he was an executive, who sat on the audit committee of Harken Energy Company, announced a “plan” to crack down on corporate fraud. Ironically, it would appear that the President’s rush to propose more regulation of private industry is intended to deflect attention away from his and his Vice President’s own alleged improper business practices. President Bush has maintained that he was cleared by the Securities and Exchange Commission. Others have countered that the head of the agency was then an appointee of his father, President George H.W.Bush. President Clinton and the Democratic Party used a similar gambit when they were caught taking money illegally from foreign donors, including the Communist Chinese. Instead of prosecuting vigorously the Clintons and other guilty politicians, new campaign finance laws were proposed to deflect attention away from alleged crimes. “Whether it is the Enron, Arthur Andersen, Global Crossing, or now the Halliburton and Harken scandals, there is a dangerous intersection between politicians of all stripes, Democrat and Republican, attempting to feed at the trough of business greed. As is true of the Clinton scandals, the American people cannot look the other way just because the President and Vice President are allegedly involved. Indeed, Judicial Watch has already sued Democrat and Republican officials in the Enron and Global Crossing scandals. To look the other way for the Vice President would be to set a precedent that the Washington elite are above the law. This cannot be permitted if our democracy is to survive,” stated Judicial Watch Chairman and General Counsel Larry Klayman. In 1995 Halliburton was prosecuted and forced to plead guilty to trading with Libya, a terrorist state on the U.S. watch list. A press conference will be held in Miami at 9:00 A.M. at the Sheraton Hotel at 495 Brickell Avenue to announce and detail this suit.

[Howlin]

                                                    UNITED STATES DISTRICT COURT

                                                      NORTHERN DISTRICT OF TEXAS

                                                                   DALLAS DIVISION

 

 

STEPHEN S. STEPHENS, LYLE LIONBARGER AND DEANNA J. LIONBARGER as trustees for the LW & Deanna J. Lionbarger Family Trust Dated 06/25/96,

 

Plaintiffs,

 

v.

 

HALLIBURTON COMPANY, D/B/A

HALLIBURTON ENERGY SERVICES;

RICHARD B. CHENEY;

DAVID J. LESAR;

RAY L. HUNT;

ROBERT L. CRANDALL;

CHARLES J. DIBONA;

LAWRENCE S. EAGLEBURGER;

WILLIAM R. HOWELL;

JAMES LANDIS MARTIN;

JAY A. PRECOURT;

CECIL J. SILAS;

DOUGLAS L. FOSHEE;

JERRY H. BLURTON;

CEDRIC BURGHER;

ROBERT CHARLES MUCHMORE, JR.;

ANDERSEN;

ANDERSEN WORLDWIDE;

ARTHUR ANDERSEN, LLP;

TERRENCE EDWARD HATCHETT;

and DOES 1-20, inclusive,

 

Defendants.

[Luis Gonzalez]

We got about two inches of rain this morning. I wasn't about to brave that weather...not even for Larry.

Actually, we've been getting about that much rain every morning lately, it's becoming boring.

[deport]

You heard any numbers as to how many reporters/ettes that may have attended?

[VA Advogado]

LOL With Klayman's logic I can sue any one of the SP 500 companies since my index shares took a beating today. What do you expect from a guy that sued his mother.

[Howlin]

I suspect that's why those pictures were taken like that; I bet the room was empty.

[Howlin]

Wonder why he had this press conference in Miami? Cruise?

[deport]

Wonder why he had this press conference in Miami? Cruise?

Cruise to the Klayman Islands and to clean up corruption was last month. Doesn't Janet have a fund raiser coming up soon? Maybe he's in town to attend and help her get her campaign underway. Gosh who knows about the 'eww'

Doesn't he maintain a residence down there? Someone said he had a Fl driver's license, etc so maybe that's his official residence.

[RedBloodedAmerican]

Doesnt he have a residence in Palm Beach?

[deport]

I dont' have any idea where his official residence is, Fl or Va.....

[McGavin999]

Thanks, you said it so much better then I did.

[Iwo Jima]

"What do you all make of this post."

I'm thinking how embarassed I am that I can't spell "loss" or "losses."

[Iwo Jima]

"Why would they have the standing to sue Cheney if he wasn't even CEO at the time they purchased stock? "

It's not a matter of standing (that's an entirely different concept). But it's going to be a challenge for the Plaintiffs to explain how things which happened in 1998, 1999 when Cheney was there caused them to buy stock in 2001, 2002. It's a matter of causation.

There are a lot of causation problems with a suit like this. You can say "O.K., assuming that what you say about what happened is true, just how did that harm YOU?" Many times, plaintiffs are just unable to make a realistic showing of causation of damages.

Lawsuits and discovery can be a b-i-itch. I wonder if these plaintiffs are ready for that?

[VA Advogado]

Wonder why he had this press conference in Miami? Cruise?

I think he's trying to relive his greatest media accomplishment. Being heard on a speaker box during the Florida recount trial. :)

[Clara Lou]

LK = Larry Klayman

[Registered]

Actually, it's kind of creepy.

No, ned, if we're going to categorize AP Photo work, below is kinda creepy.

Senate Minority Leader Trent Lott, R-Miss., is shown outside the White House West Wing after his breakfast meeting with President Bush and other Congressional leaders, Wednesday, July 10, 2002. He called for a bipartisan approach to legislation on the issue of corporate responsibility. Lott said that the president wants to get the supplemental appropriations completed to fund the Defense Department for the war on terror and homeland security. (AP Photo/J. Scott Applewhite)

[ned]

Good catch, Registered.

Caption that "Resolute Determination."

Not a hint of doubt in that face. Nothing can stop us now!!