Town Square

Post a New Topic

Mayor Thorne reaches settlement with FPPC over Costco stock disclosure

Original post made on Feb 6, 2018

Pleasanton Mayor Jerry Thorne has acknowledged failing to formally inform state regulators about selling his Costco stock in 2016, an admission that comes as part of a proposed settlement agreement with the Fair Political Practices Commission up for final approval next week.

Read the full story here Web Link posted Tuesday, February 6, 2018, 6:09 PM

Comments (8)

6 people like this
Posted by Michael Austin
a resident of Pleasanton Meadows
on Feb 6, 2018 at 7:05 pm

Michael Austin is a registered user.

Is the $100.00 tax deductible from portfolio earnings?

Reelect jerry Thorne!

20 people like this
Posted by We Voted!!!
a resident of Stoneridge
on Feb 7, 2018 at 12:45 pm

We Voted!!! is a registered user.

Matt and Joe "son of Sullivan" Before you tell us that the courts are being paid off now that another lose for you has arisen. Please and answer the SAME 2 questions that have been asked 9 times on several posts here on the Pleasanton Weekly. This will be now 10 times. The only time I see this much fighting with this much silence is when there are big companies like big tobacco, oil companies behind it silently funding people like you. This is one of the reasons why I will not put my real name on this post, because my last name is my business name. Yes, I'm afraid look what Matthew has done so far. I have a family I have kids I don't trust Matthew. You've lost the vote for MM in 2016, you lost the lawsuit here with the Mayor, you lost getting signature to overturn the vote, and then you file another lawsuit against the city to try to stop Costco again. Do you expect us to think that you funded all these events out of your own pocket? You're acting like a child at a restaurant not getting what it wants and throwing a temper tantrum. It is sad and scary at the same time. It's scary because what length will you go to stop this.

1. Who paid for the people to get the signatures for the petition that failed?
Matt Who Paid for it. Answers please. everyone that spent money on it.

2 Do you work for or have any affiliation of any kind with any of these company? and if so list them. Shell oil, Black Tie limousine, CHEVRON, Safeway.

Matt and Joe "son of Sullivan", if you want to be taken seriously, you will need to answer the same two questions that you have blatantly ignoring. Until you can, you lose any credibility. Anything you say without an answer will make it seem like your hiding something. Please don't point out what the city is doing wrong, the focus is on you. After you have answer the 2 questions, then we can move on, and maybe trust you a little more.

If you say nothing or don't answer these 2 questions, then you are hiding something very big.

23 people like this
Posted by Joe
a resident of Las Positas
on Feb 7, 2018 at 4:08 pm

Verdict: Guilty!

15. In the Matter of Jerry Thorne; FPPC No. 16/19805 (Streamline Settlement). Staff: Senior Commission Counsel Angela Brereton and Supervising Special Investigator Jay Martin. Jerry Thorne, Mayor for the City of Pleasanton, failed to timely disclose his investment interest in Costco on his 2016 Annual Statement of Economic Interests, in violation of Government Code Section 87206 (1 count). Total Proposed Penalty: $100.

26 people like this
Posted by Lisa S.
a resident of Stoneridge
on Feb 7, 2018 at 4:30 pm

Lisa S. is a registered user.

Such spin. This article makes it seem that being found guilty of FPPC rules violations is a good thing. Very interesting reporting!! Sounds like Mayor Thorne wrote the article.

13 people like this
Posted by Ben
a resident of Old Towne
on Feb 7, 2018 at 5:16 pm

Say it ain't so Joe (Jerry)!

14 people like this
Posted by SHale99
a resident of San Ramon
on Feb 7, 2018 at 5:29 pm

SHale99 is a registered user.

Lisa: Just curious, what do you think should happen? A higher fine? Jail time?

Can you honestly say his non-direct investment would have colored his opinion? Do you honestly think a single costco location has any material effect on costco's trading price?

This defines a 'nothing burger'; more so since he recused himself way up stream.

Costco is coming; I'll be there day one to see if you and Matt are picketing.

5 people like this
Posted by We Voted!!!
a resident of Stoneridge
on Feb 7, 2018 at 6:07 pm

We Voted!!! is a registered user.

(removed because it was repetitive.... point has been made and there will obviously be no answer.)

20 people like this
Posted by skynet
a resident of Mission Park
on Feb 7, 2018 at 7:15 pm

skynet is a registered user.

We are talking about 24 shares which produced about $0.50/year dividend. So if Matt Sullivan is to be believed, the price to buy of our city government is $12/year.

Sorry, but further commenting on this topic has been closed.

Be the first to know

Get the latest headlines sent straight to your inbox every day.

Couples: Mirror, Mirror on the . . . Fight?!
By Chandrama Anderson | 0 comments | 1,102 views

Talking sports and life with Tommy Dyer
By Tim Hunt | 0 comments | 700 views