Back in mid September BehindMLM received a cease and desist from Avi Perry, an attorney at Quinn Emanuel Urquhart & Sullivan (Quinn Emanuel), acting on behalf of GSB Gold Standard Corporation and owner Josip Heit.

In a nutshell, Perry objected to BehindMLM’s ongoing reporting on GSB’s and Heit’s alleged securities fraud.

While I did respond to the cease and desist I didn’t publicly report about it at the time. The notion that Heit’s attorneys would stand before a Judge and argue GSB and Heit hadn’t committed securities fraud, in light of receiving over a dozen regulatory fraud warnings and enforcement actions pertaining to securities fraud, was ridiculous.

On October 10th Quinn Emanuel published a press-release titled “
Multiple U.S. and Canadian regulators agree to drop fraud charges against Josip Heit and GSB Germany as part of expanded settlement
“.

Cited as a “related matter”, Quinn Emanuel stated;

In a related matter, Mr. Heit and GSB Germany also served a cease-and-desist notice on BehindMLM.com, a website that has published false and defamatory statements about Mr. Heit and his companies.

Many of BehindMLM’s posts about GSB Germany and Mr. Heit have been subject to injunctions and take-down orders in courts throughout the world.

First on a matter of principle, BehindMLM is certainly not a “related matter” within the context of GSB’s and Heit’s fraud charges. Dropped or no, GSB’s and Heit’s fraud charges are theirs alone.

Evidently what I thought was too silly to make public last month, is now a marketing point to deflect from GSB’s and Heit’s pending fraud charges settlement with North American regulators.

In the interests of transparency and allowing consumers to make up their own minds, today BehindMLM will be publishing Quinn Emanuel’s cease and desist. This includes subsequent email communication between myself and Avi Perry.

As received by Avi Perry (right) on September 12th, 2024;

Re: Cease and Desist Notice

Dear Sir or Madam:

I represent Josip Heit, GSB Gold Standard Corporation AG, and certain other affiliated entities, some of which do business as GSPartners.

I write to demand that you immediately cease and desist defaming Mr. Heit and GSPartners on your website, BehindMLM.com.

Your years-long campaign of harassing and defaming my clients clearly shows malice and a complete disregard for the truth. Mr. Heit has ample grounds to bring claims against you in the United States and elsewhere, and he will vigorously enforce his rights.

As you are aware, Mr. Heit recently announced a very favorable settlement with state securities regulators in Alabama, Arizona, Arkansas, Georgia, and Texas in connection with their civil investigations into GS Partners.

Other states and jurisdictions are joining the settlement every day.

The settlement term sheet is public, and indeed you link to the term sheet in your September 10, 2024 blog post, GSPartners Settles Securities Fraud, US Investor Refunds.

The very first term makes clea

🤖 Quick Answer

What was the cease and desist letter sent to BehindMLM about?
Attorney Avi Perry, representing GSB Gold Standard Corporation and owner Josip Heit, sent a cease and desist demanding BehindMLM stop reporting on alleged securities fraud involving GSB and Heit, despite numerous regulatory warnings and enforcement actions against both entities.

Who represented GSB Gold Standard Corporation in the legal action?
Avi Perry, an attorney at the law firm Quinn Emanuel Urquhart & Sullivan, represented GSB Gold Standard Corporation and its owner Josip Heit in issuing the cease and desist letter to BehindMLM.

What regulatory actions preceded the cease and desist?
GSB and Heit had received over a dozen regulatory fraud warnings and enforcement actions pertaining to securities fraud from various U.S. and Canadian regulators before the cease and desist was issued in

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