Conspiracy

Pacific Surf Designs Files Antitrust and RICO Lawsuit Against Whitewater West Industries, Aquatic Development Group, and Specific Executives Regarding Unlawful Monopolistic Conduct and Racketeering in the Sheet Wave Industry

Friday, July 31, 2020 - 10:34pm

The suit contains six causes of action, including unlawful monopolistic conduct, unlawful agreements to restrain trade, illegal racketeering, and conspiracy.

Key Points: 
  • The suit contains six causes of action, including unlawful monopolistic conduct, unlawful agreements to restrain trade, illegal racketeering, and conspiracy.
  • PSD alleges that, since the inception of the sheet wave market, over 91% of the sheet wave machines installed worldwide have been Whitewaters Flowrider machine and that Whitewater acts as an illegal monopoly that controls the sheet wave market through unlawful conduct and illegal agreements.
  • In addition, PSD alleges that Whitewater and ADG together control over 97% of the U.S. municipal market for sheet wave machines.
  • PACIFIC SURF DESIGNS, INC., based in San Diego, manufactures the highest quality custom-designed sheet wave surf simulators serving the waterpark, leisure, entertainment and retail industries.

Kohner, Mann & Kailas, S.C., Perkins Coie LLP and Polsinelli PC Announce a Proposed Settlement of Industrial and Commercial Purchasers of Natural Gas in Wisconsin

Thursday, May 14, 2020 - 9:00pm

A Settlement has been reached with certain Defendants in class action lawsuits involving natural gas.

Key Points: 
  • A Settlement has been reached with certain Defendants in class action lawsuits involving natural gas.
  • Plaintiffs allege that, as a result of the unlawful conspiracy, they and other Wisconsin purchasers paid more for natural gas than they would have absent the conspiracy.
  • The Court has now granted preliminary approval to anadditional settlement, for natural gas purchases in Wisconsin only, with CMS, as defined below.
  • The Court has appointed the law firms of Kohner, Mann & Kailas, S.C., Perkins Coie LLP and Polsinelli PC to represent settlement class members in Wisconsin.

Farrow Law Files Civil Racketeering Lawsuit Against Insurance Office of America, John Ritenour and Valli Ritenour - All Face Claims of Civil Racketeering ("RICO"), Fraud and Civil Conspiracy

Tuesday, July 2, 2019 - 2:12am

The complaint alleges Valli Ritenour and John Ritenour engaged in a 5-year scheme of civil conspiracy to doctor commission reports and falsify reconciliations to insurance agents of IOA, which allowed them to skim and defraud insurance commission payments owed to sales agents such as Plaintiff.

Key Points: 
  • The complaint alleges Valli Ritenour and John Ritenour engaged in a 5-year scheme of civil conspiracy to doctor commission reports and falsify reconciliations to insurance agents of IOA, which allowed them to skim and defraud insurance commission payments owed to sales agents such as Plaintiff.
  • RICODefendants Valli and John Ritenour would then re-route these illegal commissions through their illegal and unlicensed entity "1188 Partners LLC" to conceal the "profits" of this well coordinated scheme.
  • "This complaint encompasses a wide spread epidemic that has been going on for many years," said Jay Farrow.
  • The lawsuit seeks damages of more than several million dollars and asks the court to appoint a temporary receiver to preserve all evidence.

Deadline Reminder: The Law Offices of Howard G. Smith Reminds Investors of Looming Deadline in the Class Action Lawsuit Against United Microelectronics Corporation

Tuesday, April 30, 2019 - 8:31pm

Investors suffering losses on their UMC investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com .

Key Points: 
  • Investors suffering losses on their UMC investments are encouraged to contact the Law Offices of Howard G. Smith to discuss their legal rights in this class action at 888-638-4847 or by email to howardsmith@howardsmithlaw.com .
  • On November 1, 2018, UMC was indicted by the U.S. Department of Justice on charges of conspiracy to commit theft of trade secrets and economic espionage.
  • The complaint filed in this class action alleges that throughout the Class Period, Defendants made materially false and misleading statements regarding the Companys business, operational and compliance policies.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

NJ Jury Exonerates Hedge Fund Manager Adam Sender and Andrew Heller in Trial Brought by Fairfax Financial; Judge Vacates Punitive Damages Award and Issues Final Ruling

Wednesday, April 3, 2019 - 9:01pm

NEW YORK, April 3, 2019 /PRNewswire/ --A New Jersey jury ruled in favor of hedge fund manager Adam Sender and executive Andrew Heller in a lawsuit brought in 2006 by Fairfax Financial Holdingsagainst multiple defendants, including S.A.C.

Key Points: 
  • NEW YORK, April 3, 2019 /PRNewswire/ --A New Jersey jury ruled in favor of hedge fund manager Adam Sender and executive Andrew Heller in a lawsuit brought in 2006 by Fairfax Financial Holdingsagainst multiple defendants, including S.A.C.
  • Capital, Third Point, Kynikos, and Morgan Keegan.
  • The jury found that former Exis Capital CEO/CIO Adam Sender and COO Andrew Heller did not commit commercial disparagement or engage in a civil conspiracy against Fairfax.
  • In 2016, Mr. Sender opened Sender Company & Partners (SC&P), a hedge fund based in New York.