DC - Decree - CONSENT DECREE/DISMISS W/PREJUDICE

On January 29, 2008 a miscellaneous, civil (2) case was filed by Washington State Of, represented by Smith, Shannon E, against Direct Merchant Processing Inc, Vequity Financial Group Inc, Rian, Aaron, Degroat, Michael, and Merchant Processing Inc, in the jurisdiction of King County. Judge John P. Erlick presiding.

                        
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FILED 315 NO. 07-2-11960-4 SEA CONSENT DECREE STATE OF WASHINGTON KING COUNTY SUPERIOR COURT STATE OF WASHINGTON, Plaintiff, v. MERCHANT PROCESSING, INC., an Oregon corporation; DIRECT MERCHANT PROCESSING, INC., an Oregon corporation; VEQUITY FINANCIAL GROUP, INC., an Oregon corporation; AARON RIAN, President and Chief Executive Officer of Merchant Processing Inc., Direct Merchant Processing, Inc., and Vequity Financial Group, individually and as part of his marital community, Defendants. [CLERKS ACTION REQUIRED] L JUDGMENT SUMMARY 1.1 Judgment Creditor: State of Washington 1.2 Judgment Debtors: Merchant Processing, Inc.; Direct Merchant Processing, Inc.; Vequity Financial Group, . Tne. 13 Principal Judgment Amount: a. Civil Penalties: $0 ($26,000 suspended, as described in Section V) b. Restitution See Section IV 1.4 Costs & Attorneys Fees: $0 ($21,000.00 suspended; shall be imposed only on order of the Court in CONSENT DECREE - 1 OR } GINAL ATTORNEY GENSRAL OF WASHINGTON C…

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