0001620672-14-000002.txt : 20141119 0001620672-14-000002.hdr.sgml : 20141119 20141119182120 ACCESSION NUMBER: 0001620672-14-000002 CONFORMED SUBMISSION TYPE: MA-I PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20141029 FILER: COMPANY DATA: COMPANY CONFORMED NAME: TLHocking & Associates LLC CENTRAL INDEX KEY: 0001620672 IRS NUMBER: 743123708 STATE OF INCORPORATION: AZ FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: MA-I SEC ACT: 1934 Act SEC FILE NUMBER: 868-04099 FILM NUMBER: 141236960 BUSINESS ADDRESS: STREET 1: 6116 E SHANGRI-LA CITY: SCOTTSDALE STATE: AZ ZIP: 85254-5450 BUSINESS PHONE: 6024607000 MAIL ADDRESS: STREET 1: PO BOX 10097 CITY: PHOENIX STATE: AZ ZIP: 85254 MA-I 1 primary_doc.xml MA-I 0001620672 XXXXXXXX Thomas L. Hocking 602-460-7000 tom@tlhocking.com tlhocking@msn.com N Thomas Lee Hocking N 1 0001620672 TLHocking & Associates LLC 04-16-2001 N 10-29-2014 0001620672 LOCATED 04-16-2001 Tom Lee Hocking 04-2001 TLHocking & Associates LLC Phoenix AZ 85254 Y N President Y 10-2014 AZCO Importers LLC 6116 E. Shangri-la Rd. Scottsdale AZ 85254-5450 N N Manufacture, importation and distribution of cigars Vice President/CEO 10 General administrative duties, including: filing monthly sales tax and federal import reports; keeping current on new regulations; coordinate production, development and maintenance of website, and; coordination of distribution and sales networks. N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N N Y N N N N N N N N 10-29-2014 Thomas Lee Hocking President 6I(2)(c) Y Allstate Life Insurance Company, Wells Fargo Bank, N.A., Ronald Covin, Walter Krause, Bernard Patterson, Allen Patzke, and Larry Verhulst, et. al. (the "Plaintiffs") X1 TLHocking & Associates LLC Debt - Municipal In 2009 the Plaintiffs filed original claims against a number of defendants , including the underwriters, bond counsel, underwriter's counsel, the town, the event center developer/manager, the developer, the operating entity, TLHocking & Associates LLC and Thomas L. Hocking (the "Hocking Defendants") related to the financing of a multipurpose events center, "$35,000,000 - The Industrial Development Authority of the County of Yavapai, Convention Center Facilities Excise Tax Revenue Bonds, Series 2005 (Taxable)", (the "Bonds"), which included claims pursuant to the Securities Exchange Act of 1934, the Arizona Securities Act, the Illinois Securities Law, and the common law of Arizona. Over a five year period, the US District Court issued several rulings that had defined and narrowed the scope of the case. A number of the original claims were dismissed. Ultimately, Plaintiffs' only claim against Hocking Defendants was a single claim pursuant to the Arizona statute concerning certain aspects of the Official Statement. Those allegations related to material misstatements or omissions in the Official Statement. On October 24, 2014, a settlement agreement was filed with the Court between the Plaintiffs and certain defendants, including the developer, the operating entity, the town and Hocking Defendants (the "Settling Defendants") to dismiss with prejudice all remaining claims against the Settling Defendants. The settlement agreement may not be construed as evidence of admission that any of the claims were with merit. Notwithstanding the terms of the settlement agreement, the Hocking Defendants believed they had substantial defenses to Plaintiffs' remaining claim and at trial were prepared to prove there was no material misstatement in the Official Statement and Plaintiffs could not prove they were entitled to remedies they had requested. The settlement agreement was negotiated in order to come to an agreeable resolution to the long standing litigation, to avoid an uncertain result of a trial, the possibility of an appeal and the expense of continued litigation. The Hocking Defendants did not pay a monetary settlement payments to the Plaintiffs. 10000000.00 No exact amounts were determined. Federal Court United States District Court for the District of Arizona CV-09--8174-PCT-GMS 401 W. Washington St. Phoenix AZ 85003 CV-09-08162-PCT-GMS 10-23-2009 Settlement that includes a monetary payment to customer Hocking did not pay a monetary payment to customer 10-24-2014 Subject to final approval by the Court. 1000000.00