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All Federal/State Investigations of Wade Cook Financial Corporation Are Resolved.


Business Editors/News Desks

SEATTLE--(BUSINESS WIRE)--Oct. 5, 2000

Today, the Wade Cook Financial Corporation (OTCBB OTCBB

See OTC Bulletin Board (OTCBB).
:WADE) voluntarily entered into a joint Consent Decree A settlement of a lawsuit or criminal case in which a person or company agrees to take specific actions without admitting fault or guilt for the situation that led to the lawsuit.

A consent decree is a settlement that is contained in a court order.
 with the Federal Trade Commission and several other states.

The agreement provides for: 1) the use of customer testimonials and disclaimers used in advertising; 2) a self-administered consumer redress program; and 3) the resolution of all federal and state investigations of the Wade Cook Financial Corporation.

"We are very pleased that we have been able to amicably resolve all issues with the Federal Trade Commission and the states," said company spokesman, Matthew Richardson Matthew Richardson can refer to:
  • Matthew Richardson (Publicist)
  • Matthew Richardson (Australian rules footballer) (born 1975), Australian rules footballer with Richmond Football Club
  • Matthew Richardson (New York University Professor)
. "We are proud of our seminars, services, and New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 Times Business best-selling books. It says a lot about the education we provide our customers and we're very excited about the future."

In a recent edition of the Wall Street Journal, WCFC WCFC West Coast Futbol Club (Laguna Hills, CA)  is described as "one of the nation's largest financial seminar firms", as for the last six years WCFC subsidiaries have educated hundreds of thousands of individuals about the stock market and its related strategies.

For more information on this or our 8-K filings with the Securities & Exchange Commission, please contact Matthew Richardson at 206/901-3136 or visit wadecook.com.
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Publication:Business Wire
Date:Oct 5, 2000
Words:199
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