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Posted by: Slaughtermeyer at October 3, 2007, 10:19 am

Topic: Possible lawsuit against Intrade Forum: Casino Meister

I have suffered serious losses as a result of a problem with Intrade's operational software. If Intrade rejects my settlement offer, I will probably have no other recourse but to sue them, unless arbitration is a possibility. I have not yet received a reply for my settlement offer.

On July 25 2006 the Exchange issued the following statement:

"Accordingly, the Exchange is taking a number of steps including the following

1. The Establishment of an Arbitration Settlement Committee in the near future. Additional details to follow"

I sent an email asking whether or not this Committee has been established and if not whether the Exchange still intends to do so. As of yet I have not received a reply.

I will keep everyone posted of what transpires. I also placed a message about my intentions on the Intrade forum, it will be interesting to see if it is deleted.

Look for the "Arbitration Settlement Committee" topic in the "Announcements, Discussions, and Strategies" subforum here:

https://www.intrade.com/forum/

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