The money hadn't been raised. And, Thornton said he had no idea that Stadium Naples had failed once before. N. H. Naples A.S. Goldmen broker Gregory Idzi called Fournier to pitch Millennium stock in May and sent him a packet of information. None of that was true in May 1998. Naples securities attorney Christopher Vernon, who is representing a Texas client with an arbitration claim against A.S. Goldmen, said stockbrokers must be careful about what they send to clients.
Securities laws prohibit stockbrokers from making false or misleading statements.
Idzi refused to comment. Norris, who denies wrongdoing, is under investigation by State Attorney Joe D'Alessandro and Florida's Commission on Ethics. But following the collapse of the first deal, Rasmussen vowed to keep his stadium golf venture alive. And within a month, Marchiano had connected him with Millennium, a financially drained company that A.S. Goldmen had taken public in 1993. A.S. Goldmen denied it.