Wextrust Is A $225 Million Ponzi Scheme The SEC Says
Areas of Focus | 2008/09/04 16:03
Joseph Shereshevsky, a felon, and his partner Steven Byers fraudulently raised $225 million from nearly 1,200 investors, the SEC claims in Federal Court. The SEC says the men are running a Ponzi scheme through Wextrust Capital, other Wextrust entities, and Axela Hospitality.

Also sued are Wextrust Equity Partners, Wextrust Development Group, and Wextrust Securities. The defendants created 150 LLCs and conducted at least 60 private placement offerings "without disclosing that funds raised were actually being used to pay prior investors n unrelated offerings and to make unauthorized payments to fund the operations of the Wextrust Entities, which were operating at a deficit," the SEC says.

Wextrust has "borrowed" at least $74 million from the LLCs and "loaned" at least $54 million to them, the SEC says. It wants funds frozen, books and paperwork, disgorgement, injunctions and penalties.

Byers, 46, of Oak Park, owns 60% of Wextrust, the SEC says.

Shereshevsky, 52, aka Joseph Heller or "Yossi," lives in Norfolk, Va. He pleaded guilty to bank fraud in 2003 and was sentenced to time served and ordered to pay $38,800 in restitution.


Harass A Republican, Lose Your Phone
Areas of Focus | 2008/09/02 15:54
Ramsey County has obtained an emergency order allowing it to order telephone companies to turn over the names and numbers of anyone who makes harassing phone calls during the Republican National Convention, and to cut off those people's phone service, for the purpose of "public safety." The order will expire when the Republican convention ends.

The order ostensibly is aimed at anyone who might make "ongoing hang-up calls to the Ramsey County Emergency Communications Center" During the Republican Convention.


Pole Dance Teacher Sues City To Combat 'Pall Of Orthodoxy'
Legal Topics | 2008/08/29 16:53
Adams Township unconstitutionally refused a permit to a woman who wants to open a "dance and fitness studio ... to teach women how to pole dance, power lap dance, and strip tease - all while fully clothed," Stephanie Babines claims in Federal Court. She says her class contains "absolutely no nudity, spectators, or sexual activity," but is part of a "growing national exercise movement" which has spread even to China, but is unreasonably feared, and illegally proscribed, by "small-town municipal officials."

Represented by the ACLU, Babines says she is being deprived of her livelihood because "the small-town municipal officials do not approve of the type of dance she teaches. They believe it is 'provocative,' full of sexual 'innuendo,' and too dangerous for their township."

Au contraire, Babine says. "The instruction contains absolutely no nudity, spectators, or sexual activity. The studio is not a men's entertainment club or strip joint, nor is it a mere front for such activity. Rather, the dance Ms. Babines hopes to teach is part of a growing national exercise movement. Chronicled in U.S. News and World Report, The New York Times, Pittsburgh Magazine, and Oprah Winfrey's talk show, pole dancing provides 'a workout that combines aerobics, dance, yoga, (and) strength training.' Ms. Babines has seen her dance classes help women get in shape, build self-confidence, and express their sexuality. A recent report documented how the craze has even spread to China. But while a repressive country like China allows dance studios to teach pole dancing, the defendants in this small Butler County town have misapplied their zoning code to deny Ms. Babines her right to teach this new combination of art and sport to interested adult women.

"Ms. Babines brings this 42 U.S.C. § 1983 complaint for declaratory and injunctive relief to challenge the pall of orthodoxy imposed by defendants on the people in their town who wish to communicate unconventional ideas and to vindicate her free-expression rights under the United States and Pennsylvania Constitutions to teach others about lawful and constitutionally protected activity."


Racism Alleged In Bizarre Punishment
Areas of Focus | 2008/08/28 15:58
Top administrators at a Camden middle school forced an entire bilingual class of Hispanic children to eat on the cafeteria floor for a week because one student accidentally spilled some water, and when the teacher complained, the principal and vice principal fired him immediately on trumped-up charges, the teacher claims in Federal Court.

Jose Rivera sued the Camden Board of Education for discrimination and wrongful firing. He claims that in February this year, on a day he was absent, a student in his bilingual class accidentally spilled some water while trying to change the jug in a water cooler. Rivera says the vice principal Theresa Brown, who is black, "decided that the Hispanic children would have to eat lunch on the floor of the cafeteria without trays, while the African-American and mixed classes sat at lunch tables with trays. This went on for more than a week before the Plaintiff learned of the punishment."

Rivera adds, "Also unbeknownst to the Plaintiff, Brown had threatened the children with further punishment if the children told anyone about her outrageously demeaning and discriminating punishment."

He claims that one of the children's parents went to the school at the end of February to complain to the principal, Alex DeFlavis, who is white. Rivera says DeFlavis refused to speak to the parent, but the principal's secretary took the complaint, and related it to the plaintiff.

Rivera said he spoke to his children, who told him of their punishment, and the threat of more punishment, and he told them to tell their parents to contact the Board of Education.

"After receiving the parents' complaints, the Board of Education immediately retaliated against the Plaintiff, reprimanding and suspending the Plaintiff for failing to notify the Principal, even though the Principal already knew and had taken no action. The Plaintiff never worked another day for the Defendants," the complaint states. He was fired on March 18 for "conduct unbecoming of a board employee." Rivera says vice principal Brown was not fired, but was transferred to another school.

"After a public uproar, nationwide press coverage, newspaper editorials, and parent demonstrations related to the Plaintiff's termination, the Defendants changed the reason for terminating the Plaintiff to 'insufficient certification.' This was a transparent pretext, since numerous bilingual teachers were given a class by the Board in May 2008 to complete their certification, and if the Plaintiff had not been terminated, he would have taken the class in May with the other teachers and completed his certification," the complaint states.
He demands preservation of evidence and damages for wrongful firing, discrimination and civil rights violations. He is represented by Alan Schorr of Cherry Hill.


EPA Can Inspect Ship for Chemicals, Court Rules
Areas of Focus | 2008/08/27 20:01
The Environmental Protection Agency can inspect a former U.S. Navy hospital ship for toxic chemicals, the 4th circuit ruled.

The EPA was issued a warrant under the Toxic Substances Control Act to board the M/V Sanctuary, built in 1944, to test for polychlorinated biphenyls (PCBs), which may lead to reproductive and developmental problems.

Potomac Navigation Inc. bought the ship for $50,000 at a court-ordered auction in 2007, with plans to use it for storage or as a hotel platform, but ship recycling consultant Polly Parks warned that ship buyers often sell PCB laden ships to third-world countries for a "huge profit on the scrap metal market," the ruling states.

Environmental group Basel Action Network intervened before Potomac had a chance to move the ship offshore, saying the possible presence of PCBs on the vessel demanded that it remain at the Baltimore pier under the Act's export clause. As a result, the district court ordered the ship to stay docked.

Potomac argued that the ship was exempt from the Act's regulations because it was not intended for commerce, but could not prove that PCBs "were not distributed in commerce before the ship was built," Judge Michael wrote.

The appeals court said that the export concern was "immaterial" to finding probable cause, because sampling and research data showed that there were likely PCBs on the ship, prompting an EPA inspection. A ship recycling firm that considered bidding on the Sanctuary had already confirmed the presence of PCBs, the ruling states, finding four out of five paint samples contained PCBs in concentrations greater than 50 parts per million.

The three-judge panel found that public health interests outweighed the possible economic loss of the ship, and encouraged the EPA to either determine if possible PCBs were "totally enclosed," as required by the Act, or call for proper disposal.  


San Francisco Mayor's Wife Says She Was Swindled
Legal Topics | 2008/08/26 16:53
Moviemakers swindled the mayor of San Francisco's wife out of $75,000 by promising she would act in and produce a film in China, then making another movie, without hiring her for anything and without repaying her "one cent," Jennifer Siebel claims in Superior Court. Siebel demands punitive damages from Jay Rothstein and China Venture Films.

"This is a simple case of dishonesty," the complaint states. "Plaintiff Jennifer Siebel was swindled out of $75,000 by defendants Jay Rothstein and his company, China Venture Films, LLC based on false promises that they were producing and financing an independent film in China in which plaintiff would act and produce. Based on those false promises, plaintiff entered into an agreement with the defendants in which she invested $75,000. When soliciting her investment, defendants never had any intention of fulfilling the agreement, including repaying plaintiff the $75,000 that she invested and that defendant Rothstein, pursuant to the contract, agreed to be personally liable for."

Siebel claims Rothstein's flick, "Milk and Fashion," shot in China, "is essentially the same film as the film in which plaintiff invested. Plaintiff was not invited to appear in this film, was not offered the chance to take part in the production of the film, and has not been offered any rights to this film."

And, she says, Rothstein has blown off her requests to be repaid the $75,000. Siebel says he also owes her 6.5 percent of U.S. net income from the film.

Siebel, a Stanford graduate and actress, married Mayor Gavin Newsom on July 26.

She demands damages and punitive damages for fraud, conversion, breach of contract, unjust enrichment and negligent misrepresentation. She is represented by Steven Williams with Cotchett, Pitre & McCarthy.


RI gov, union back in court over health insurance
Headline Legal News | 2008/08/25 15:25

Lawyers for Rhode Island Gov. Don Carcieri and the state's largest employees union are heading back to court in a health insurance dispute.

During a court hearing Monday, Council 94 will ask Superior Court Judge Patricia Hurst to delay a ruling that could force thousands of union members to pay more for their health insurance. The union has said it plans to appeal Hurst's decision.

Last week, Hurst ruled that Carcieri could implement an executive order raising health insurance costs for state employees in the executive branch. But the judge said constitutional checks prevent Carcieri from raising insurance costs for employees in other branches of state government.

Carcieri said the health care changes will save the state $10 million as it grapples with a budget deficit.



[PREV] [1] ..[270][271][272][273][274][275][276][277][278].. [299] [NEXT]
All
Headline Legal News
Legal Topics
Legal Business
Attorney News
Court News
Court Watch
Areas of Focus
Legal Interview
Opinions
Court to hear case over ID of Tex..
Maldives court overturns prison t..
Supreme Court hopeful had DWI cha..
Georgia high court won't stop vot..
Former FIFA official Makudi at co..
Colorado Supreme Court hears high..
New campaign seeks support for ex..
Manhattan DA drops part of Weinst..
Supreme Court wrestles with case ..
Top French court to rule on fault..
Polish leader appoints top court ..
Kavanaugh to hear his 1st argumen..
Texas Supreme Court to hear sex o..
Kavanaugh to attend White House e..
Massachusetts high court to weigh..
Cemetery case puts property right..
Indian court allows deportation o..
UN court orders US to lift some I..
Supreme Court could limit executi..
Supreme Court won't hear case ove..




Santa Ana Workers' Compensation Lawyers
www.gentryashtonlaw.com
Chicago Truck Drivers Lawyer
Chicago Workers' Comp Attorneys
www.krol-law.com
New Rochelle Accidents Attorneys
New Rochelle Personal Injury
www.kboattorneys.com
Indianapolis, IN Personal Injury Law Firm
Indian Personal Injury Attorneys
www.rwp-law.com
Downtown Manhattan Business Law Attorneys
Breach of Contract Lawyers
www.woodslaw.com
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
Lorain Elyria Divorce Lawyer
www.loraindivorceattorney.com
Chicago Business Law Attorney
Corporate Litigation Attorneys
www.rothlawgroup.com
Surry County Criminal Defense Lawyers
Yadkin County Family Law Attorneys
www.dirussolaw.com
Connecticut Special Education Lawyer
www.fortelawgroup.com
Law Firm Web Design Templates
Lawyer Website Templates
www.webpromo.com
   Legal Resource
Headline Legal News for You to Reach America's Best Legal Professionals. The latest legal news and information - Law Firm, Lawyer and Legal Professional news in the Media.
 
 
 
Copyright © ClickTheLaw.com. All Rights Reserved. Legal Marketing Blog. The content contained on the web site has been prepared by Click The Law. as a service to the internet community and is not intended to constitute legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance. By using the www.clickthelaw.com you agree to be bound by these Terms & Conditions.

Law Firm Web Design by Lawyer Website Design - Lawyer Web Site Design That Works