Richard Harris

Ruling Granting Retrospective Sanction In the Matter of Peregrine Derivatives Limited at the Grand Court of the Cayman Islands, despite criticisms of actions of PwC liquidators David Hague, Stephen Caswell, Donald Osborn, and Richard Harris.

Karel Liebaers vs. Egbert Smith et al. - Grand Court of the Cayman Islands

Former Cayman-based stockbroker Richard Harris and his mother, Ana Jimenez, have settled a perjury action brought against them by the British Columbia Securities Commission. Under the settlement, Harris and Jimenez, who now live in Costa Rica, have been banned for ten years from serving as a director or officer of any issuer regulated by the BCSC. They are also prohibited from "engaging in investor relations" in British Columbia for the same period.

Former Cayman banker John Mathewson's sentencing hearing for helping to launder the proceeds of crime has been delayed yet again. Mathewson was due to be sentenced on April 30 by a court in New Jersey in the US but the matter was adjourned until later in the year; If figures compiled by The Wall Street Journal are to be relied upon for accuracy, the Cayman Islands is not the world's fifth largest financial center, as it claims, but is actually the eighth largest; Six months after US$9 million of its assets were frozen in British Columbia as part of an investigation into fraudulent trading, the Cayman-based broker/dealer Harris McLean Financial Group has filed a lawsuit in the Grand Court of the Cayman Islands against one of its principals, Richard Harris, and his mother, Ana Harris; and Those of you who have been following our articles on The Harris Organization of Panama might like to read a three-page article on the subject that appeared in the June 1 edition of Business Week.

The British Columbia Securities Commission has frozen an estimated US$9 million held in Vancouver trading accounts on behalf of Cayman-based broker/dealer Harris McLean Financial Group Ltd. and Ana Jimenez, who is the mother of Richard Harris, one of Harris McLean's principals.

Denny Gene Jeffries vs. Richard Harris et al. - Grand Court of the Cayman Islands