Many investors have contacted the Receiver to ask what they need to do about submitting a claim. On October 13, 2004 the Receiver filed a Motion to Establish Claim Procedures and to Approve Claim Form. Click here to learn more about the claim form. Although the Receiver and his staff are very sympathetic to the plight of each investor, he simply does not have time to discuss the case with thousands of investors. Repeated phone calls and other contact just diverts the Receiver’s resources from other tasks and adds to the cost of the receivership which, ultimately, reduces the amount to be paid to victims. Please be patient and understand that if anything important occurs in the case, it will be reported on this website.

Also, many investors have contacted the Receiver to ask whether they should file and/or join a lawsuit against Cash Link Systems. Although you are not prohibited from filing a lawsuit against Cash Link Systems, it is the opinion of the Receiver that to do so is a complete waste of your time and money. Any claim which an investor has against Cash Link Systems, Alan Levine, or the relief defendants named in the SEC Complaint will be considered and processed as part of the claims process in the receivership. You do not need a judgment against Cash Links for your claim to be recognized. On the other hand, if you think you have claims against persons or entities who are not part of this receivership then you should pursue whatever course of action you desire.