February 6, 1998 |
A federal judge has ordered Anaheim Hills attorney Thomas F. Goodman, former San Diego Padre pitcher John F. D'Acquisto and two D'Acquisto-controlled investment companies to pay $121,640 in fines and interest to close out a 1995 securities fraud case. Goodman, who was D'Acquisto's attorney, said he has appealed the judgment, which was announced Thursday by the Securities and Exchange Commission. The fraud charge "is not correct," he said. "I was merely the attorney, not a participant."
July 14, 1995
The Securities and Exchange Commission filed a lawsuit Thursday alleging that a firm headed by former San Diego Padres pitcher John F. D'Acquisto defrauded a Costa Mesa company and two other investors out of millions of dollars. The lawsuit filed in U.S. District Court in Los Angeles alleges that D'Acquisto Financial Group Inc. of San Diego and other defendants guaranteed investors returns of 5% to 7% a week.