Notice of Hearing on Contested Claims in Wealth International Case
In the Commission's civil action, SEC v. Wealth International,
et al., the assets of four companies (Wealth International
Network, Discovery Financial Investments, Brady International,
Inc., and Sterling Consortium Holdings, Inc.) were combined to
be distributed to those who were owed money by any of the four
companies. The Court appointed William G. Hays as "Distribution
Agent" to process and approve claims that were filed before the
January 7, 1997, deadline set by the Court
The Distribution Agent has objected to claims from some
creditors and investors, who have been informed of these
objections. The Court has now ordered that those creditors and
investors be given notice that they must appear before the Court
(at the date and time indicated in the notice) if they disagree
with the Distribution Agent's objections to their claims.
Please see the notice for this and other important information.