United States Fourth Circuit

Although a settlement agreement between investors and a commodity trading company did not provide for an admission of guilt or an apology, plaintiffs intended to assent to the terms as written, which was submitted pursuant to the terms of a valid settlement agreement.

Appellate Information

• Decided 08/07/2003
• Published 08/07/2003

Judges

• Before WIDENER, MICHAEL, and GREGORY, Circuit Judges.

Court

• United States Fourth Circuit

Counsel

• For Appellees:
  
• ARGUED:John Francis Bloss, Sr., Clark, Bloss & Wall, P.L.L.C., Greensboro, North Carolina, for Petitioners.  Laura M. Richards, Assistant General, Office of the General, Commodity Futures Trading Commission, Washington, D.C.;  Robert Buford Christie, Henderson & Lyman, Chicago, Illinois, for Respondents.   ON BRIEF:Patrick J. McCarty, General Counsel, Kirk Manhardt, Deputy General Counsel, Office of the General Counsel, Commodity Futures Trading Commission, Washington, D.C., for Respondent Commission;  Jeffry M. Henderson, Henderson & Lyman, Chicago, Illinois, for Respondents Pasqua, Saathoff, and Universal.