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April 22, 2011

Fraud in the Investment?

   From Florida comes a report of a Florida investor who claimed fraud in the investment in a lawsuit he filed in Alabama.  See  Robert Trigaux, "Venture Blog/As Investor, Tampa Philanthropist Kiran Patel Sues Struggling Superior Bank for Claims it Was Stable" (Post April 4, 2011).  The report intimates the possibility of fault on the part of the claimant-investor.  It seems that the investment target stock was openly and publicly sliding before investments were induced.  See id.

Postscript for Easter Sunday, 2011:

Happy Easter! 

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Again, Happy Easter!

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Posted by on April 22, 2011 at 04:45 AM in Fraud, Market Performance |

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