        5(&200(1'(' )25 )8//7(;7 38%/,&$7,21
             3XUVXDQW WR 6L[WK &LUFXLW 5XOH 

     (/(&7521,& &,7$7,21  )(' $SS 3 WK &LU
                 )LOH 1DPH DS




81,7('67$7(6&28572)$33($/6
               )257+(6,;7+&,5&8,7
                 BBBBBBBBBBBBBBBBB


 81,7(' 67$7(6 2) $0(5,&$       ;
           3ODLQWLII$SSHOOHH    
                                  
                                     1R
           Y                     
                                   !
                                  
 1250$1 /(( +$55,6               
         'HIHQGDQW$SSHOODQW 
                                 1
       $SSHDOIURPWKH8QLWHG6WDWHV'LVWULFW&RXUW
   IRUWKH(DVWHUQ'LVWULFWRI.HQWXFN\DW&RYLQJWRQ
 1Rn:LOOLDP2%HUWHOVPDQ'LVWULFWsXGJH
                   $UJXHG0D\
            'HFLGHGDQG)LOHGsXQH
  %HIRUH0(55,7768+5+(,15,&+DQG*,/0$1
                   &LUFXLWsXGJHV
                   BBBBBBBBBBBBBBBBB
                        &2816(/
$5*8('  .HYLQ 0 6FKDG 6&+$' 	 &22. ,QGLDQ
6SULQJV2KLRIRU$SSHOODQWsDPHV($UHKDUW$66,67$17
81,7('67$7(6$77251(</H[LQJWRQ.HQWXFN\IRU
$SSHOOHH21%5,().HYLQ06FKDG6&+$'	&22.
,QGLDQ6SULQJV2KLRIRU$SSHOODQW:HQGH0RUULV&URVV
$66,67$1781,7('67$7(6$77251(<&LQFLQQDWL


                             
     8QLWHG6WDWHVY+DUULV                        1R

2KLR &KDUOHV 3 :LVGRP sU $66,67$17 81,7('
67$7(6$77251(</H[LQJWRQ.HQWXFN\IRU$SSHOOHH
                     BBBBBBBBBBBBBBBBB
                         23,1,21
                     BBBBBBBBBBBBBBBBB
  0(55,77&LUFXLWsXGJH'HIHQGDQW1RUPDQ/HH+DUULV
DSSHDOV KLV FRQYLFWLRQV IRU FUDFN FRFDLQH GLVWULEXWLRQ LQ
YLRODWLRQRI86&DDQGSRVVHVVLRQRIDILUHDUP
E\ D FRQYLFWHG IHORQ LQ YLRODWLRQ RI  86&   J
+DUULV DUJXHV WKDW KLV VHQWHQFH YLRODWHV 8QLWHG 6WDWHV Y
$SSUHQGL86WKDWWKHUHZDVQRWVXIILFLHQW
HYLGHQFHIRUWKHMXU\WRFRQYLFWKLPRIHLWKHUFKDUJHDQGWKDW
WKHGLVWULFWFRXUWPDGHVHYHUDOSURFHGXUDOHUURUVQHFHVVLWDWLQJ
DQHZWULDO)RUWKHUHDVRQVWKDWIROORZZHDIILUPWKHMXU\
YHUGLFWVDQGWKHVHQWHQFHVLPSRVHG
                             )DFWV
   ,QSROLFHRIILFHUVLQ0D\VYLOOH.HQWXFN\UHFHLYHG
LQIRUPDWLRQ WKDW WKH GHIHQGDQW ZDV LQYROYHG LQ GUXJ
WUDIILFNLQJ2Q'HFHPEHU0D\VYLOOHSROLFHRIILFHU
&KULVWRSKHU1HDOOHDUQHGWKDWWKHGHIHQGDQWZDVVWD\LQJLQ
URRPRIWKH%HVW:HVWHUQ+RWHOLQ0D\VYLOOHDQGZDV
GHDOLQJLQGUXJVWKHUH$WWKDWWLPH2IILFHU1HDOSHUIRUPHG
D EDFNJURXQG FKHFN RQ WKH GHIHQGDQW GLVFRYHUHG WKDW WKH
GHIHQGDQWjV GULYLQJ SULYLOHJHV KDG EHHQ VXVSHQGHG
LQGHILQLWHO\ DQG REWDLQHG D GHVFULSWLRQ RI WKH GHIHQGDQWjV
YHKLFOHDQG2KLRWHPSRUDU\OLFHQVHSODWHQXPEHU
   7KH SROLFH VHW XS VXUYHLOODQFH DW WKH KRWHO DQG VDZ WKH
GHIHQGDQWDUULYHZLWK1RUPD)D\H:DVKLQJWRQZKRKDGD
UHSXWDWLRQ DV D FRFDLQH GHDOHU DQG HQWHU URRP   6RRQ
DIWHU&KULV%DNHUDQG(UQHVWR'HODQH\DUULYHGLQDEOXH
'DWVXQDQGHQWHUHGURRP$IWHUDIHZPLQXWHV'HODQH\
OHIWWKHURRPUHWULHYHGDEODFNSODVWLFER[IURPWKHWUXQNRI
WKHFDUDQGUHWXUQHGWRWKHURRP/DWHU'HODQH\DQG%DNHU
OHIW WKH URRP ZLWK WKH ER[  7KH RIILFHUV WKHQ VWRSSHG
'HODQH\jV FDU EHFDXVH LW KDG H[SLUHG WDJV  7KH RIILFHUV
1R                          8QLWHG6WDWHVY+DUULV         

VPHOOHGDVWURQJRGRURIPDULMXDQDHPLWWLQJIURPWKHFDUDQG
DIWHUILQGLQJPDULMXDQDLQWKHFDUDUUHVWHG'HODQH\DQG%DNHU
IRU SRVVHVVLRQ RI PDULMXDQD  ,Q D VHDUFK RI 'HODQH\jV FDU
SXUVXDQWWRWKHDUUHVWWKHRIILFHUVIRXQGDTXDQWLW\RIFUDFN
FRFDLQHPRUHFRQVLVWHQWZLWKDQLQWHQWWRGLVWULEXWHWKDQIRU
SHUVRQDOXVHDQGODWHUIRXQGDFDOLEHU6PLWK	:HVVRQ
UHYROYHULQDEODFNSODVWLFER[LQWKHWUXQN
  7KH RIILFHUV WKHQ UHFHLYHG ZRUG WKDW WKH GHIHQGDQW DQG
:DVKLQJWRQ ZHUH OHDYLQJ WKH KRWHO URRP  :KHQ WKH
GHIHQGDQW SDVVHG 2IILFHU 1HDO RQ WKH KLJKZD\ WKH RIILFHU
VWRSSHGDQGDUUHVWHGKLPIRURSHUDWLQJDFDUZLWKDVXVSHQGHG
GULYHUjVOLFHQVH7KHGHIHQGDQWGLGQRWKDYHFRFDLQHLQKLV
SRVVHVVLRQ EXW GLG KDYH D ODUJH DPRXQW RI FDVK  :KHQ
:DVKLQJWRQ H[LWHG WKH SROLFH FDU DW WKH SROLFH VWDWLRQ VKH
GURSSHGDTXDQWLW\RIFUDFNFRFDLQHRQWKHVHDW6KHVWDWHG
WKDW VKH KDG UHFHLYHG WKH FRFDLQH WKDW HYHQLQJ IURP WKH
GHIHQGDQWZKLOHULGLQJLQKLVFDU
  $WWULDO'HODQH\%DNHUDQG:DVKLQJWRQWHVWLILHGDJDLQVW
WKH GHIHQGDQW  %DNHU VWDWHG WKDW RQ WKH HYHQLQJ RI
'HFHPEHUWKHGHIHQGDQWDJUHHGWRVHOOERWK%DNHU
DQG:DVKLQJWRQDQRXQFHRIFUDFNFRFDLQH$FFRUGLQJWRKLV
WHVWLPRQ\%DNHU JDYHWKHGHIHQGDQWIRUDQRXQFHRI
FUDFN FRFDLQH ZKLOH LQ WKH KRWHO URRP  ,Q DGGLWLRQ %DNHU
WHVWLILHGWKDWKHKDGVROGFUDFNFRFDLQHIRUDSSUR[LPDWHO\RQH
PRQWKLQDQGWKDWWKHGHIHQGDQWZDVKLVRQO\VXSSOLHU
   :DVKLQJWRQ FRQILUPHG %DNHUjV WHVWLPRQ\  6KH WHVWLILHG
WKDW 'HODQH\ DQG %DNHU SXUFKDVHG FUDFN FRFDLQH IURP WKH
GHIHQGDQWLQWKHKRWHOURRPDQGWKDWWKH\EURXJKWKLVJXQWR
WKHURRPWKDWQLJKW6KHREVHUYHGWKHGHIHQGDQWJRWRWKH
VLQNLQWKHKRWHOURRPJHWWKHFUDFNFRFDLQHDQGJLYHLWWR
%DNHU  ,Q DGGLWLRQ VKH FODLPHG WKDW ZKLOH LQ WKH FDU WKH
GHIHQGDQWJDYHKHUWKHFRFDLQHDQGWROGKHUWRKLGHLWLQKHU
VOHHYHWKDWWKHSROLFHIRXQGZKHQWKH\DUUHVWHGKHU
   %DNHU'HODQH\DQG:DVKLQJWRQDOVRSUHVHQWHGWHVWLPRQ\
DWWULDOFRQFHUQLQJWKHEODFNSODVWLFER[WKDWWKHSROLFHIRXQG
LQ WKH WUXQN RI 'HODQH\jV FDU  'HODQH\ VWDWHG WKDW WKH
GHIHQGDQW LQVWUXFWHG KLP WR UHWULHYH WKH JXQ IURP 6KLUOH\
     8QLWHG6WDWHVY+DUULV                         1R       1R                        8QLWHG6WDWHVY+DUULV         

'HODQH\jVKRXVHDQGEULQJLWWRWKHKRWHO:KHQ'HODQH\OHIW           SUHSDUDWLRQSODQNQRZOHGJHLGHQWLW\RUDEVHQFHRIPLVWDNH
WKHKRWHOURRPKHUHWULHYHGWKHJXQIURPKLVFDU'HODQH\             RUDFFLGHQW,G+HUHNQRZOHGJHDQGLQWHQWZHUHDWLVVXHLQ
WHVWLILHGWKDWKHRSHQHGWKHFDVHKHOGWKHJXQDQGVKRZHGLW          WKHWULDO7KHGHIHQGDQWjVSDVWLQYROYHPHQWLQWKHVDOHDQG
WR WKH GHIHQGDQW EHIRUH SXWWLQJ LW EDFN LQ WKH ER[  7KLV    GLVWULEXWLRQRIFUDFNFRFDLQHZDVUHOHYDQWWRVKRZKLVLQWHQW
WHVWLPRQ\ FRQWUDGLFWHG KLV JUDQG MXU\ WHVWLPRQ\ WKDW WKH         WRGLVWULEXWHFRFDLQHDQGZHUHDOVRSDUWRIDFRPPRQVFKHPH
GHIHQGDQWKDGSRVVHVVHGWKHJXQLQWKHURRP                          RUSODQWRGLVWULEXWHFUDFNFRFDLQH7KH MXU\ZDVSURSHUO\
                                                                        LQVWUXFWHG WR FRQVLGHU WKH GHIHQGDQWjV EDG DFWV RQO\ DV WR
  'HODQH\WKHQWRRNWKHJXQEDFNWRKLVFDU$WWULDO'HODQH\         ZKHWKHU WKH\ GHPRQVWUDWHG DQ LQWHQW WR GLVWULEXWH FUDFN
WHVWLILHG WKDW WKH GHIHQGDQW VDLG WKDW WKH JXQ ZDV QRW KLV   FRFDLQHDVDOOHJHG7KXVZHILQGWKDWWKHGLVWULFWFRXUWGLG
%HIRUH WKH JUDQG MXU\ KRZHYHU 'HODQH\ WHVWLILHG WKDW WKH      QRWDEXVHLWVGLVFUHWLRQE\DOORZLQJWKHDGPLVVLRQRIHYLGHQFH
GHIHQGDQWZDQWHG'HODQH\WRNHHSLWIRUKLP1HLWKHU%DNHU             RIWKHGHIHQGDQWjVSULRUFRQYLFWLRQDQGEDGDFWV
QRU:DVKLQJWRQFRXOGUHFDOOZKHWKHUWKHGHIHQGDQWKHOGWKH
JXQDIWHU'HODQH\EURXJKWLWLQWKHURRPRUWKHFRQWHQW RI                )LQDOO\WKHGHIHQGDQWDUJXHVWKDWWKHGLVWULFWFRXUWHUUHGE\
GHIHQGDQWjVLQVWUXFWLRQVWR'HODQH\                                    IDLOLQJWRGLVPLVVKLVLQGLFWPHQWEHFDXVHLWZDVSURFXUHGZLWK
                                                                        SHUMXUHGWHVWLPRQ\7KLVFODLPKRZHYHULVQRWUHYLHZDEOH
   7KHMXU\IRXQGWKHGHIHQGDQWJXLOW\ERWKRINQRZLQJO\DQG            E\WKLV&RXUW$WQRWLPHEHIRUHRUGXULQJKLVWULDOGLGWKH
LQWHQWLRQDOO\GLVWULEXWLQJFUDFNFRFDLQHDQGRISRVVHVVLRQRI           GHIHQGDQWUHTXHVWDGLVPLVVDORIKLVLQGLFWPHQWEDVHGRQWKH
D ILUHDUP E\ D FRQYLFWHG IHORQ  $SSO\LQJ WKH GHIHQGDQWjV      DOOHJHG SHUMXU\  7KH IDLOXUH WR UDLVH WKLV )HGHUDO 5XOH RI
SULRUFRQYLFWLRQDVDVHQWHQFHHQKDQFLQJIDFWRUWKHGLVWULFW           &ULPLQDO 3URFHGXUH E LVVXH SUHFOXGHV UHYLHZ  )HG
FRXUW VHQWHQFHG WKH GHIHQGDQW WR WKLUW\ \HDUV RQ WKH            5XOH&ULP3URFEVHH8QLWHG6WDWHVY+D\HV
GLVWULEXWLRQFRXQWDQGWHQ\HDUVRQWKHILUHDUPFRXQWWREH            )GWK&LU%DVHGRQWKHIRUHJRLQJZH
VHUYHGFRQFXUUHQWO\                                                    DIILUPWKHGHIHQGDQWjVFRQYLFWLRQVDQGVHQWHQFHV
                       $SSUHQGL&ODLP
  7KH GHIHQGDQW DVVHUWV WKDW WKH GLVWULFW FRXUWjV IDLOXUH WR
VXEPLWWKHGUXJTXDQWLW\GHWHUPLQDWLRQWRWKHMXU\YLRODWHVKLV
FRQVWLWXWLRQDOULJKWVLQOLJKWRI8QLWHG6WDWHVY$SSUHQGL
86DQREMHFWLRQGHIHQVHFRXQVHOIDLOHGWRUDLVH
EHORZ  +HUH DOWKRXJK WKH LQGLFWPHQW FKDUJHG WKH GUXJ
DPRXQW  JUDPV RI FRFDLQH EDVH LQ OLQH ZLWK WKH )LIWK
$PHQGPHQWUHTXLUHPHQWRImLQGLFWPHQWRIDJUDQGMXU\lWKH
TXHVWLRQRIWKHDPRXQWRIGUXJVZDVQRWSUHVHQWHGWRWKHSHWLW
MXU\ DUJXDEO\ LQ YLRODWLRQ RI WKH 6L[WK $PHQGPHQW DV
LQWHUSUHWHGLQ$SSUHQGL%HFDXVHWKHGHIHQGDQWGLGQRWUDLVH
KLV$SSUHQGLFODLPLQWKHGLVWULFWFRXUWKLVFODLPLVUHYLHZHG
RQO\ IRUSODLQHUURU,Q8QLWHG6WDWHVY&RWWRQ6&W
WKH8QLWHG6WDWHV6XSUHPH&RXUWUHFHQWO\KHOG
WKDWZKHQDGHIHQGDQWIDLOVWRUDLVHDQ$SSUHQGLREMHFWLRQOLNH
WKLV RQH DW WULDO HQKDQFHPHQW RI WKH VHQWHQFH E\ WKH WULDO
MXGJHEDVHGRQWKHDPRXQWRIGUXJVGRHVQRWFRQVWLWXWHSODLQ
      8QLWHG6WDWHVY+DUULV                           1R        1R                        8QLWHG6WDWHVY+DUULV         

WHVWLPRQ\ D MXURU 7RQ\ *LQWHU DGYLVHG WKH FRXUW WKDW KH         HUURUEHFDXVHWKHHUURUGRHVQRWVHULRXVO\DIIHFWWKHIDLUQHVVRI
ZRUNHG ZLWK *UHJRU\jV KXVEDQG DW WKH 1RUWKHUQ .HQWXFN\               WKHSURFHHGLQJLIWKHGUXJDPRXQWXVHGZDVLQIDFWFOHDUO\
<RXWK&HQWHULQ&ULWWHQGHQ.HQWXFN\7KHGLVWULFWFRXUWWKHQ              VKRZQ+HUHWKHHYLGHQFHZDVRYHUZKHOPLQJWKDWGHIHQGDQW
TXHVWLRQHG*LQWHUDVNLQJKLPZKHWKHUKHFRXOGEHLPSDUWLDO                 SRVVHVVHGWKHPLQLPXPGUXJTXDQWLW\WRMXVWLI\WKHVHQWHQFH
LQ WKH FDVH  +H VDLG KH FRXOG DQG *UHJRU\ ILQLVKHG KHU         LPSRVHG
WHVWLPRQ\7KHUHLVQRHYLGHQFHLQWKHUHFRUGWKDW*LQWHUZDV
ELDVHG  $V D UHVXOW ZH ILQG WKDW WKH GLVWULFW FRXUW GLG QRW               6XIILFLHQF\RIWKH(YLGHQFH&ODLPV
FRPPLWSODLQHUURULQIDLOLQJWRH[FOXGH*LQWHUIURPWKHMXU\
                                                                               7KH VHFRQG JURXQG WKDW WKH GHIHQGDQW UDLVHV RQ DSSHDO
  7KHGHIHQGDQWQH[WDUJXHVWKDWWKHGLVWULFWFRXUWHUUHGLQ                TXHVWLRQVWKHVXIILFLHQF\RIWKHHYLGHQFHRQERWKFRXQWV,Q
DGPLWWLQJ HYLGHQFH RI GHIHQGDQWjV SRVVHVVLRQ DQG XVH RI              FRQVLGHULQJZKHWKHUWKHUHZDVVXIILFLHQWHYLGHQFHWRVXVWDLQ
PDULMXDQDGXULQJWKHFRFDLQHWUDQVDFWLRQ7KHGHIHQGDQWILOHG              DFRQYLFWLRQZHPXVWGHWHUPLQHmZKHWKHUDIWHUYLHZLQJWKH
DSUHWULDOPRWLRQLQOLPLQHVHHNLQJWRH[FOXGHWKLVHYLGHQFH              HYLGHQFHLQWKHOLJKWPRVWIDYRUDEOHWRWKHSURVHFXWLRQDQ\
7KH GLVWULFW FRXUW PDGH D SUHOLPLQDU\ UXOLQJ JUDQWLQJ WKH           UDWLRQDOWULHURIIDFWFRXOGKDYHIRXQGWKHHVVHQWLDOHOHPHQWV
GHIHQGDQWjVPRWLRQ                                                         RIWKHFULPHEH\RQGDUHDVRQDEOHGRXEWlsDFNVRQY9LUJLQLD
                                                                            86HPSKDVLVLQRULJLQDO
    ,DPJRLQJWRH[FOXGHLWMXVWWREHRQWKHVDIHVLGHXQOHVV
    LW EHFRPHV LQWULQVLF WR \RXU FDVH RU VRPHWKLQJ RU                 &RXQW RQH RI WKH LQGLFWPHQW FKDUJHG WKH GHIHQGDQW ZLWK
    VRPHERG\ GHQLHV LW RU KH VDLG KH ZDV WKHUH WR VHOO           NQRZLQJO\ DQG LQWHQWLRQDOO\ GLVWULEXWLQJ D FRQWUROOHG
    HQF\FORSHGLDV RU LW EHFRPHV UHOHYDQW IRU VRPH RWKHU             VXEVWDQFH  7KXV WKH JRYHUQPHQW ZDV UHTXLUHG WR SURYH
    UHDVRQ                                                                EH\RQGDUHDVRQDEOHGRXEWWKDWWKHGHIHQGDQWNQRZLQJO\
                                                                            RULQWHQWLRQDOO\GLVWULEXWHGFUDFNFRFDLQHRQRUDERXWWKH
s$DW$WWULDOKRZHYHUWKHGLVWULFWFRXUWDOORZHGWKLV            QLJKW RI 'HFHPEHU   DQG  NQHZ DW WKH WLPH RI
HYLGHQFH LQ DQG WKH GHIHQGDQW UDLVHG QR REMHFWLRQ  $V D         GLVWULEXWLRQWKDWWKHVXEVWDQFHZDVFRFDLQH8QLWHG6WDWHVY
UHVXOW KH LV SUHFOXGHG IURP UDLVLQJ LW RQ DSSHDO XQOHVV LWV      *LEEV)GWK&LUFHUWGHQLHG
DGPLVVLRQFRQVWLWXWHVSODLQHUURU6HH8QLWHG6WDWHVY.HOO\             )G7KHWHVWLPRQ\RI%DNHU:DVKLQJWRQDQG
)GWK&LUFHUWGHQLHG86                'HODQH\ DOO FRQILUPHGWKDWWKHGHIHQGDQWVROGDQRXQFHRI
DPRWLRQLQOLPLQHLVLQVXIILFLHQWWRSUHVHUYHDQ              FUDFN FRFDLQH WR %DNHU DW WKH KRWHO  ,Q DGGLWLRQ WKH
REMHFWLRQWRWKHDGPLVVLRQRIHYLGHQFH:HFRQFOXGHWKDW                  FLUFXPVWDQWLDOHYLGHQFHRIWKHFRFDLQHIRXQGLQWKHSRVVHVVLRQ
WKHWULDOEHORZZDVIDLUDQGWKHDGPLVVLRQRIWKHHYLGHQFHZDV              RI %DNHU DQG 'HODQH\ DIWHU WKH WUDQVDFWLRQ VXSSRUWV WKH
QRWSODLQHUURU                                                           JRYHUQPHQWjVWKHRU\7KXVEDVHGRQWKHWHVWLPRQ\DWWULDOD
                                                                            UDWLRQDO WULHU RI IDFW  FRXOG KDYH IRXQG WKDW WKH GHIHQGDQW
  7KHGHIHQGDQWQH[WDVVHUWVWKDWWKHGLVWULFWFRXUWHUUHGE\               NQRZLQJO\ DQG LQWHQWLRQDOO\ GLVWULEXWHG FUDFN FRFDLQH LQ
DGPLWWLQJ LQWR HYLGHQFH KLV SULRU GUXJ FRQYLFWLRQ DQG                YLRODWLRQRI86&D
VXEVHTXHQWEDGDFWV6SHFLILFDOO\WKHGHIHQGDQWEHOLHYHVWKDW
WKHGLVWULFWFRXUWHUUHGE\DOORZLQJWHVWLPRQ\FRQFHUQLQJKLV                 6LPLODUO\WKHGHIHQGDQWjVFRQYLFWLRQXQGHUFRXQWWZRRI
SULRUFRQYLFWLRQRQ0D\IRUGUXJWUDIILFNLQJKLV                 WKHLQGLFWPHQWLVVXSSRUWHGE\WKHHYLGHQFHSUHVHQWHGDWWULDO
SUHDUUHVWGLVWULEXWLRQRIFUDFNFRFDLQHWR&KULV%DNHUDQGKLV            VXFK WKDW mDQ\ UDWLRQDO WULHU RI IDFW FRXOG KDYH IRXQG WKH
SRVWDUUHVWVXSSO\LQJRIFUDFNFRFDLQHWR0DU\&DURO+HQU\                 HVVHQWLDOHOHPHQWVRIWKHFULPHEH\RQGDUHDVRQDEOHGRXEWl
8QGHU)HG5XOH(YLGEHYLGHQFHRIRWKHUFULPHVRU                   8QGHU  86&  J WKH JRYHUQPHQW PXVW SURYH
EDGDFWVLVDGPLVVLEOHWRSURYHPRWLYHRSSRUWXQLW\LQWHQW                EH\RQG D UHDVRQDEOH GRXEW WKDW  WKH GHIHQGDQW KDG D
      8QLWHG6WDWHVY+DUULV                    1R      1R                        8QLWHG6WDWHVY+DUULV        

SUHYLRXVIHORQ\FRQYLFWLRQDQGRQRUDERXWWKHQLJKWLQ        7U7UDQV7KHMXU\WKHQKDGWRGHFLGHZKHWKHUWR
TXHVWLRQWKHGHIHQGDQWSRVVHVVHGDILUHDUP,G'HIHQGDQWjV     EHOLHYH 0U 'HODQH\jV WHVWLPRQ\ DW WULDO RU KLV JUDQG MXU\
SULRUGUXJFRQYLFWLRQLQ0D\RILVXQGLVSXWHGOHDYLQJ        WHVWLPRQ\9LHZLQJWKHHYLGHQFHLQWKHOLJKWPRVWIDYRUDEOH
RQO\WKHTXHVWLRQRISRVVHVVLRQ8QGHUJHLWKHUDFWXDO    WRWKHSURVHFXWLRQZHILQGWKDWDUHDVRQDEOHMXURUFRXOGKDYH
RUFRQVWUXFWLYHSRVVHVVLRQLVVXIILFLHQW6HH8QLWHG6WDWHVY    PDGHWKHFUHGLELOLW\GHWHUPLQDWLRQWKDW'HODQH\ZDVO\LQJDW
0XUSK\)GWK&LU                   WULDODQGWHOOLQJWKHWUXWKDWKLVJUDQGMXU\SURFHHGLQJ$VD
                                                                   UHVXOW ZH ILQG WKDW WKH HYLGHQFH LQWURGXFHG DW WULDO ZDV
  $WWULDO(UQHVWR'HODQH\WHVWLILHGWKDWKHEURXJKWWKHEODFN    VXIILFLHQW WR VXVWDLQ WKH FRQYLFWLRQ XQGHU  J  ,Q
ER[WRWKHKRWHOURRP+HWKHQGHVFULEHGWKHH[FKDQJHWKDW        DGGLWLRQWKHUHLVFOHDUHYLGHQFHWKDWWKHGHIHQGDQWH[HUFLVHG
RFFXUUHGLQWKHKRWHOURRP                                        FRQVWUXFWLYHSRVVHVVLRQRYHUWKHJXQE\RUGHULQJ'HODQH\WR
                                                                   EULQJLWWRWKHKRWHOURRP
    4 :KDWGLG\RXGR"
                                                                                         2WKHU2EMHFWLRQV
   $ ,ZHQWRXWWRWKHFDUDQGJRWWKHEODFNFDVHRXWRIWKH
WUXQNDQGFDPHEDFNLQWRWKHKRWHOURRP                              7KHGHIHQGDQWQH[WFODLPVWKDWWKHGLVWULFWFRXUWHUUHGE\
                                                                   QRWDOORZLQJKLPWRVHYHUWKHWZRFRXQWVDQGELIXUFDWHWKH
    4 $QGZKDWGLG\RXGRZKHQ\RXJRWLQVLGH"                    WULDO7KHGHIHQGDQWILUVWPRYHGWRVHYHUDQGELIXUFDWHLQD
                                                                   SUHWULDOPRWLRQWKDWZDVGHQLHG$WWKHHQGRIWKHHYLGHQFH
  $ ,VDWRQWKHEHGDQG,jPSUHWW\VXUH,VDWRQWKHEHGDQG   WKH GHIHQGDQW IDLOHG WR UHQHZ WKLV PRWLRQ  +LV IDLOXUH WR
RSHQHGXSWKHFDVH                                                UHQHZSUHFOXGHVUHYLHZE\WKLV&RXUW$PRWLRQmWRVHYHU
                                                                   FRXQWVRUFRGHIHQGDQWVLVGHHPHGZDLYHGLILWLVQRWUHQHZHG
    4 $QGZKDWKDSSHQHG"                                          DWWKHHQGRIWKHHYLGHQFHl8QLWHG6WDWHVY+XGVRQ)G
  $ 1RWKLQJ KDSSHQHG  :H MXVW VDW DQG ORRNHG DWWKH     WK&LU7KXVZHILQGWKDWWKHGHIHQGDQW
SLVWRODQG,FORVHGWKHFDVHEDFNXS                             KDVIDLOHGWRSUHVHUYHWKLVLVVXHIRUDSSHDO

    4 'LG\RXJLYHWKHJXQWRWKHGHIHQGDQW"                        'HIHQGDQWDOVRDVVHUWVWKDWKLV6L[WK$PHQGPHQWULJKWWRD
                                                                   WULDOE\DQLPSDUWLDOMXU\ZDVYLRODWHGE\WKHGLVWULFWFRXUWjV
    $ 1RPDjDP                                                  IDLOXUHWRUHPRYHDMXURUIRUFDXVHGXULQJWKHWULDO%HFDXVH
                                                                   WKHGHIHQGDQWIDLOHGWRUDLVHDQREMHFWLRQDWWULDOZHUHYLHZ
7U 7UDQV   $IWHU WKLV WHVWLPRQ\ WKH SURVHFXWRU   WKHGLVWULFWFRXUWjVGHFLVLRQIRUSODLQHUURU6HH8QLWHG6WDWHV
LPSHDFKHG'HODQH\ZLWKKLVJUDQGMXU\WHVWLPRQ\                   Y+HUQGRQ86WK&LUMXURUELDV
                                                                   $OWKRXJKWKHGHIHQGDQWKDVDULJKWWRDQLPSDUWLDOMXU\KH
  4 7KHWRSRIWKHSDJH>RIWKHJUDQGMXU\WUDQVFULSW@        DOVRKDVWKHEXUGHQRIVKRZLQJWKDWWKHMXU\ZDVELDVHG6HH
WKHTXHVWLRQVDUHm<RXJDYHKLPWKHJXQ"lWKHTXHVWLRQDQG       5RVVY2NODKRPD86
\RXUDQVZHUEHLQJm,HLWKHUJLYHLWWRKLPRUSXWLWRQWKHEHG
DQGKHRSHQHGWKHFDVHXSl'R\RXUHPHPEHUVD\LQJWKDW              $W WULDO 6SHFLDO $JHQW *ZHQ *UHJRU\ WHVWLILHG IRU WKH
EHIRUHWKHJUDQGMXU\"                                             SURVHFXWLRQDVDQH[SHUWLQWKHDUHDRILQWHUVWDWHQH[XVDQG
                                                                   ILUHDUPV6KHWHVWLILHGWKDWWKHILUHDUPLQTXHVWLRQZDVD
 $ ,GRQjWUHPHPEHUVD\LQJWKDWEXWLWjVWKHUHLQEODFNDQG      FDOLEHU6PLWK	:HVVRQKDQGJXQZKLFKZDVPDQXIDFWXUHGLQ
ZKLWHVRREYLRXVO\,VDLGWKDW                                   6SULQJILHOG 0DVVDFKXVHWWV DQG WUDYHOHG LQ LQWHUVWDWH
                                                                   FRPPHUFHWRWKH&RPPRQZHDOWKRI.HQWXFN\'XULQJKHU
