Richard D. Anderson and Mary L. Anderson - Page 4




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          absorber for use in the auto racing industry.  On January 10,               
          1983, they formed Pro-Formance, Inc., (Pro-Formance).                       
               Seeking to obtain their own share of the racing market,                
          Whitehead and Gillespie contacted Carrera’s customers,                      
          suppliers, manufacturers, and company-sponsored race teams.                 
          They used Carrera’s mailing list to solicit and obtain                      
          financing from Carrera’s key customers and manufacturers.  They             
          misled Carrera-sponsored race teams by telling them that                    
          Carrera would no longer offer shock absorbers free of charge                
          for sponsorship purposes.  On at least one occasion, Gillespie              
          falsely conveyed the idea that Carrera had discontinued                     
          manufacturing the type of shock absorber which had given                    
          Carrera its renown.  Whitehead made false statements regarding              
          Mr. Anderson’s handling of Carrera’s finances.  He told                     
          Carrera’s creditors that Mr. Anderson was doctoring the                     
          company’s accounts receivable in order to increase Carrera’s                
          line of credit.  On other occasions Whitehead and Gillespie                 
          told Carrera customers that Mr. Anderson was apathetic towards              
          the company’s future as a going concern, that he was unwilling              
          to provide Carrera’s customers with the same personal service               
          as he had in the past, and that he was embezzling money from an             
          industry trade show.                                                        










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Last modified: May 25, 2011