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KACHROO LEGAL SERVICES, P.C.

225R Concord Avenue


Cambridge, MA 02138
Telephone (857) 829-3041
Facsimile (617) 864-1125
gkachroo@kachroolegal.com
March 11, 2015

VIA EMAIL
TO: ALL KLS SEC CLIENTS
Re:

STANFORD SEC UPDATE

Dear Stanford Clients:


We write to update you on the status of the claim against the Securities and Exchange
Commission (SEC). As communicated in our previous update, Dr. Gaytri Kachroo of Kachroo
Legal Services, P.C. (the Firm), appeared in front of the 11th Circuit Court of Appeals on
September 11, 2014 for oral arguments in support of the Appeal against the SEC. Dr. Kachroo
set forth a series of robust arguments in support of the Appeal. The matter is now pending as the
Justices consider the briefs and arguments from both sides. There is no specific deadline for the
11th Circuit to make its ruling. However, decisions are typically rendered within 6 months of
oral arguments. As such, we anticipate a ruling within the next month.
We continue to check the Courts docket weekly for a ruling and we will notify all clients
once the Court provides its written decision. In the meantime, please do not hesitate to contact
us with any questions or comments.

Very truly yours,

KLS Stanford Team


Kachroo Legal Services, P.C.