Home› U.S. Coin Forum

ANA and Former Executive Director Larry Shepherd Reach Settlement

3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭
in U.S. Coin Forum
Just got this email...

LINK

Erik

Comments

  • BoosibriBoosibri Posts: 12,166 ✭✭✭✭✭
    Glad to see this being resolved. Hopfully the ANA remains focused on building the future.

    Latin American Collection

  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭
    I just saw Larry. It's good to see him smiling again.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • 2ndCharter2ndCharter Posts: 1,666 ✭✭✭✭✭
    And how much did this cost the membership?

    Member ANA, SPMC, SCNA, FUN, CONECA

  • derrybderryb Posts: 36,990 ✭✭✭✭✭
    Congrats Larry.

    I suspect part of the settlement demanded by Larry was inclusion of the second paragraph of the linked press release. As is should be.

    The government is incapable of ever managing the economy. That is why communism collapsed. It is now socialism’s turn - Martin Armstrong

  • rickoricko Posts: 98,724 ✭✭✭✭✭
    I would say Larry is smiling because it was settled in his favor.....Cheers, RickO
  • pufferpuffer Posts: 535
    Why can't employees terminated just take a reasonable severance and move on, like the rest of us many who didn't even get unemployment compensation? I'm glad it is over, I'm sure that is why the ANA settled because they didn't want the cloud over the organization. So as usual the lawyers get about a third of the settlement, the ANA hopefully had insurance to cover this as well as legal expenses?

    Plus a bunch of people were dragged into this without their wanting to be: Text
  • LakesammmanLakesammman Posts: 17,401 ✭✭✭✭✭
    Man, I hate confidential settlements. image
    "My friends who see my collection sometimes ask what something costs. I tell them and they are in awe at my stupidity." (Baccaruda, 12/03).I find it hard to believe that he (Trump) rushed to some hotel to meet girls of loose morals, although ours are undoubtedly the best in the world. (Putin 1/17) Gone but not forgotten. IGWT, Speedy, Bear, BigE, HokieFore, John Burns, Russ, TahoeDale, Dahlonega, Astrorat, Stewart Blay, Oldhoopster, Broadstruck, Ricko, Big Moose.
  • MarkMark Posts: 3,542 ✭✭✭✭✭
    Lakesammman, I agree with your statement Man, I hate confidential settlements. But if you look at who is the OP, I see even more irony in your assertion. image
    Mark


  • dcarrdcarr Posts: 8,552 ✭✭✭✭✭
    image Hmm... What has transpired in the last month or so at the ANA leading up to this ? image
    Moonlight Mint
  • bolivarshagnastybolivarshagnasty Posts: 7,351 ✭✭✭✭✭


    << <i>image Hmm... What has transpired in the last month or so at the ANA leading up to this ? image >>



    Dunno, Enlighten those of us who haven't followed the dog and pony show.
  • dcarrdcarr Posts: 8,552 ✭✭✭✭✭


    << <i>

    << <i>image Hmm... What has transpired in the last month or so at the ANA leading up to this ? image >>



    Dunno, Enlighten those of us who haven't followed the dog and pony show. >>



    I don't know either. But the "dog and pony show" has had one act recently.
    I don't know if it has anything to do with the settlement, but there was recently a change in the lineup of the ANA Board of Directors.
    Moonlight Mint
  • goldengolden Posts: 9,709 ✭✭✭✭✭


    << <i>And how much did this cost the membership? >>

    image
  • PTVETTERPTVETTER Posts: 5,965 ✭✭✭✭✭
    I know one of the other defendants,
    I truly hope they were treated fairly.
    Larry took the ANA from red ink to the black, and look what happened!
    Pat Vetter,Mercury Dime registry set,1938 Proof set registry,Pat & BJ Coins:724-325-7211


  • BochimanBochiman Posts: 25,419 ✭✭✭✭✭


    << <i>And how much did this cost the membership? >>




    Not being an accountant or someone pretending to be one, how does a payout, which this likely resulted in, show up in the PUBLIC financials?
    I know it cost more than just any settlement amount (lawyer fees, loss time of employees, etc), but there is most likely a $$$ amount paid out in cash/check, so how would that be shown on any IRS paperwork or whatnot?

    I've been told I tolerate fools poorly...that may explain things if I have a problem with you. Current ebay items - Nothing at the moment

  • CoinosaurusCoinosaurus Posts: 9,631 ✭✭✭✭✭
    Good to get closure on this and move on.

    Now, what kind of language needs to be in the ED contract to prevent future lawsuits?

    Seriously, the ANA needs to be getting them to sign over their firstborn....or something.....how many in a row is this?
    Newman Numismatic Portal, www.NewmanPortal.org
  • CoinRaritiesOnlineCoinRaritiesOnline Posts: 3,670 ✭✭✭✭


    << <i>Now, what kind of language needs to be in the ED contract to prevent future lawsuits?

    Seriously, the ANA needs to be getting them to sign over their firstborn....or something.....how many in a row is this? >>



    In my experience, really good people who have other options are not going to sign anything they don't want to.
    John Agre

    Coin Rarities Online
  • 3keepSECRETif2rDEAD3keepSECRETif2rDEAD Posts: 4,285 ✭✭✭✭✭


    << <i>In my experience, really good people who have other options are not going to sign anything they don't want to. >>



    ...just going on the above quote (having nothing to do with any party's in this thread)...I'll have to say that I'm my experience, both "really good" and really bad people will act in this fashion...it's the middle of the pack that gets hosed, with the middle being those without enough book smarts paired with with those without enough street smarts.

    Erik
  • MCADSPECMCADSPEC Posts: 72 ✭✭


    Dunno, Enlighten those of us who haven't followed the dog and pony show. >>



    The problem with ANA is that they have too many dogs and too many ponies. As soon as one show is over, they always come up with another one.
  • segojasegoja Posts: 6,136 ✭✭✭✭
    Time to move forward.

    Hopefully all the pent up issues with the ANA are done and the organization can focus on its real mission.
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • JustacommemanJustacommeman Posts: 22,849 ✭✭✭✭✭


    << <i>Time to move forward.

    Hopefully all the pent up issues with the ANA are done and the organization can focus on its real mission. >>



    Actually I'm more glad Larry found resolution so he could move forward. The ANA? Broken.

    MJ
    Walker Proof Digital Album
    Fellas, leave the tight pants to the ladies. If I can count the coins in your pockets you better use them to call a tailor. Stay thirsty my friends......
  • segojasegoja Posts: 6,136 ✭✭✭✭
    No question it's a good thing for Larry...My comments included ALL (Larry, the ANA and it's membership)

    I count Larry as a good friendimage
    JMSCoins Website Link


    Ike Specialist

    Finest Toned Ike I've Ever Seen, been looking since 1986

    image
  • RichieURichRichieURich Posts: 8,472 ✭✭✭✭✭
    Definitely a good thing for Larry, and for the ANA. Now Larry can focus on his business, and ANA can focus on its mission.

    I also count Larry as a good friendimage

    An authorized PCGS dealer, and a contributor to the Red Book.

  • IrishMikeyIrishMikey Posts: 1,561 ✭✭✭
    Good friend or not, I can't help but think that Larry is not the innocent waif here, being taken advantage of and
    abused by the evil ANA. My guess is that in the context of this lawsuit, both sides have their flaws.

    It is curious that an ANA board member resigns for personal reasons, then the lawsuit is settled weeks later. image

    I keep hoping that the ANA will learn from its mistakes, and I keep being disappointed. Sigh.
  • blu62vetteblu62vette Posts: 11,925 ✭✭✭✭✭


    << <i>Good friend or not, I can't help but think that Larry is not the innocent waif here, being taken advantage of and
    abused by the evil ANA. My guess is that in the context of this lawsuit, both sides have their flaws.

    It is curious that an ANA board member resigns for personal reasons, then the lawsuit is settled weeks later. image

    I keep hoping that the ANA will learn from its mistakes, and I keep being disappointed. Sigh. >>



    Personal reasons? I heard he was going to be booted so he resigned. Wasn't the reason leaking information?
    http://www.bluccphotos.com" target="new">BluCC Photos Shows for onsite imaging: Nov Baltimore, FUN, Long Beach http://www.facebook.com/bluccphotos" target="new">BluCC on Facebook

Leave a Comment

BoldItalicStrikethroughOrdered listUnordered list
Format
SpoilerCodeQuote
Heading 2Heading 1
Emoji
:):D:(;):/:o:s:p:'(:|B):#:*<3o:)>:)
Url
Image
Align leftAlign centerAlign rightToggle HTML viewToggle full pageToggle lights
Drop image/file
Home • U.S. Coin ForumComment As ...