Gary Bottoms
v. James L. Gang, Judy Vanhemert and Ultimate Sales and Service,
Inc. -
assisted Plaintiff in determining damages regarding the
"fraudulent" sale of stock owned by a minority stockholder to
the majority stockholder and the subsequent sale of the majority
stockholders stock to an outside third party purchaser. Case
settled before trial.
Rainbow
Materials v. Paradigm, Global Southwest, Keith Wood et al
– retained by Plaintiff to detail the self-dealing of Defendants
regarding the construction, financing, and foreclosure of one
Defendant owned company against another Defendant owned
company’s first lien note payable to another Defendant. The
foreclosure allegedly wiped out the mechanics lien holders, of
which Plaintiff was one. Prepared report - Provided expert
testimony. The foreclosure was overturned and Plaintiff
was awarded $177,000 in actual damages, $86,000 in attorney fees
and $290,000 in punitive damages.
Wilborne v.
HFE –
on behalf of Plaintiff uncovered fraud and calculated over
billing of a cost plus contract by Defendant. Report prepared
and expert testimony given at deposition and trial. Plaintiff
received a $400,000 plus award.
General Supply
Co. v. Maxxon
– on behalf of Plaintiff, analyzed amounts charged for gypsum
cement by Defendant to Plaintiff and compare to charges of other
regional competitive dealers in order to determine antitrust
violations. Case settled before trial.
Philip J.
Romano, Individually; Philip J. Romano, as a shareholder of WAHI,
Inc., a Delaware Corporation v. Harry M. Coley, Individually and
d/b/a "Mama’s Old Fashioned Desserts" and Wild About Harry’s,
Inc., a Delaware Corporation, and WAHI, Inc., a Delaware
Corporation
– on behalf of Defendant examined documents in order to
determine proper allocation of expenses and other costs for the
purpose of stock buyout by Defendant. Case settled before
trial.
Express Boyd,
Ltd. v. David Fleming, Michael Faulkner et al -
Defendants allegedly embezzled $17 million dollars from the
Plaintiff. Assisted Plaintiff in negotiating a civil settlement
whereby the Defendant relinquished personal and business assets
to a trust, which was created to receive and dispose of assets.
Originally hired to calculate losses and provide expert
testimony. Ultimately served as the trustee of the liquidating
trust whereby assets were traced, recovered and liquidated.
Case matter
reference - Confidential at client request
- reconstructed books and records on behalf of client in a
situation involving an employee who embezzled over $800,000 over
a period of several years. Engagement involved examining
transactions of numerous subsidiary companies, adjusting the
books and records of individual companies and consolidated
records. Lawsuit never filed.
Case matter
reference - Confidential at client request
- reconstructed books and records in connection with retail and
distribution company whereby a significant shareholder and
officer of the Company had engaged in numerous fraudulent cash
transactions that were not reflected on the books and records.
Engagement involved tracing transactions back to vendors and
customers, analysis of forged checks and determining the amount
of cash siphoned off by the significant shareholder. Our work
was ultimately used to determine a buy-out price of the
significant shareholder.
Electrical
Associates, Inc. v. Carrol Construction, Inc., Jack White
– on behalf
of Plaintiff provided litigation services and expert testimony
concerning fraudulent transfer of funds in insolvency by
Defendant. Prepared written report and testified at
deposition. Case was settled favorable to Plaintiff
Travelers Insurance
Group v. Sarco Ind -
retained by Defendant to review the books and records of
Defendant and Defendant’s subsidiary for alleged commingling of
funds or commingling of duties that could be used by the
Plaintiff in piercing the corporate veil between subsidiary and
parent company. No commingling was found and Defendant settled
this and other suits brought by Plaintiffs.
