Elliot Sadder Files Breach of Contract, Unfair Trade Lawsuit

NASCAR driver Elliott Sadler has filed a breach of contract lawsuit against his former employer for failure to pay past salary owed.

According to North Carolina Superior Court documents, the Nationwide Series points leader is seeking $10,000 in damages for breach of contract; $10,000 to prevent the defendant’s unjust enrichment, and $10,000 or more to be determined at trial for unfair and deceptive trade practices. Sadler filed the lawsuit against Richard Petty Motorsports after, he claims, the company refused to make an April payment because he violated a non-solicitation clause in their separation agreement.

According to the lawsuit, Sadler was accused of violating the clause for allegedly influencing Haunts Brothers Pizza, which sponsored his Sprint Cup car at Richard Petty in 2010, to join him and Kevin Harvick in the Nationwide and Truck Series at Kevin Harvick Inc. this season.

Sadler is requesting a jury trial.

If you are involved in a fraud and unfair trade lawsuit, please contact a Des Moines Business Lawyer of LaMarca Law Group, P.C., at (877) 327-2600.



Ed Schultz Contract Dispute Leads to Lawsuit

Ed Schultz, host of MSNBC’s “The Ed Show,” has been named in a breach of contract lawsuit which claims he never properly compensated an NBC employee for helping him secure the TV deal.

According to the lawsuit, Shultz and Michael Queen worked together in 2008 to pursue a TV deal, which fell through. In 2009, Schultz was hired by MSNBC. The lawsuit claims Schultz said he would pay Queen what he was owed for their work together, but never did.

“We pitched a TV idea to various network executives, produced a TV pilot, secured an apartment in D.C. for Ed and his wife Wendy, and even gave them a car to drive free for three months,” Queen said in a press release. “We picked them up at the airport, and went shopping for them – all while helping them become millionaires, and we received nothing for our efforts.”

Schultz’s lawyer, Jeffrey Landa said Schultz would aggressively fight the lawsuit, saying “Ed paid in full for every center [Queen] spent.” Landa also said there was never any contract between the two men.

If you are involved in a similar business dispute, please contact a Des Moines contract dispute lawyer of LaMarca Law Group, P.C., by calling (877) 327-2600.

 



Couple to plead guilty to embezzlement and fraud

A Des Moines couple will plead guilty to charges of embezzlement and fraud, but their defense will probably be using the mental health issues  of the women in order to reduce their sentences.

The defense will be using the woman’s dissociative identity disorder and claim that it lead to the criminal behavior. The couple embezzled and spent nearly $6 million from Aviva USA. The other women will be using her bipolar disorder as the cause for her actions and the sentencing for the two women will be Jan. 21.

One woman faces a maximum of 48 years in prison plus fines of up to $1.75 million for pleading to six counts such as computer fraud, wire fraud, aggravated identity theft, and money laundering. The other woman faces 25 years of prison and fines of $750,000 for pleading guilty to 2 counts of conspiracy to money laundering and spending money that was obtained unlawfully.

If you or a loved one has been the victim of fraud or theft, contact the Des Moines Fraud lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600 today.



Three arrested in $103 million fraud case

Three Texas businessmen have been arrested for their alleged involvement in a $100 million fraud case.

The three men allegedly defrauded investors, many elderly people, out of millions of dollars in a fraud case that involved 800 victims in 37 states and Canada. The federal grand jury in Richmond indicted the three men on charges of mail fraud, money laundering, securities fraud and conspiracy.

The three men were principals at A&O Life Funds and other companies and they led people to believe that their investments were risk-free and they also guaranteed double-digit returns. Instead of setting the investors money aside, they used it to buy items for themselves and fund a fancy lifestyle.

If you or a loved one has been the victim of business fraud, you need experienced representation on your side. Contact the Des Moines business fraud and theft lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600 today.



Money trading business owner charged with fraud

The owner of a money transfer business has been accused of fraud after luring in investors with fake business deals and guaranteeing monthly returns that the investors never received.

The man, who owned and operated Shidaal Express Inc., told investors that they would received $500 for every $10,000 that they invested. He also led investors to believe that he was in experienced stock trader that had being doing it for many years and that there maximum loss would be less than 20 percent of their investment. In reality, the man lost hundreds of thousands of dollars in the stock market and traded his losses by paying investors.

If your business has suffered because of fraud, you need experienced representation to help you overcome the harms done. Contact the Des Moines business fraud lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600.



Iowa cracks down on identity theft and fraud

The Iowa Court of Appeals ruled that a person who uses false identification to commit a fraudulent act can be found guilty of identity theft.

This court decision was decided after a man who was an illegal immigrant used a California woman’s identification number and was caught by authorities.

The state law goes against the federal law in stating that the identification that is being used must only belong to another person and that it was being used to commit fraud. The federal law states that the person caught using the identification must know that it belongs to another person.

If you have been the victim of fraud, contact the Des moines fraud lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600.



Man sentenced to 27 years for financial fraud

A federal judge sentenced a man, a former manager of a kosher meat packing plant, to 27 years in prison for financial fraud and illegal immigration charges.

The raid of the man’s Postville plant lead to immigration charges and bankruptcy of Agriprocessors, deportation of many illegal immigrants. The man was charged with 86 counts of financial fraud revolving around a mishandled loan from First Bank Business Capital of St. Louis.

The judge claimed that the man misled the bank repeatedly and ordered employees to create fake invoices and moved cash into secret accounts. The judge found that this behavior caused the bank to lose $26 million.

If you or a loved one needs help to overcome the harms caused by financial fraud, contact the Des Moines fraud lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600 today to discuss your legal options.



Women's identity stolen by at least 10 people

A woman has had her identity stolen by at least 10 different people, possibly illegal immigrants, after taking her Social Security number.

In some cases her name was used, in other cases different names were used but her Social Security number was used. The women has been caught up in identity theft, a crime that happened to 11 million victims in 2009.

Thieves can get your information Social Security numbers, credit or debit cards. The woman thinks that her identity was stolen after she lost her purse.

If you have been a victim of fraud, contact the Des Moines fraud lawyers of LaMarca Law Group, P.C. by calling (877) 327-2600 today.



Customers out thousands of dollars after wind power business fails

A Shenandoah-based wind power firm permanently closed Monday with no plans to refund money to its customers.

The business’ owners were denied a loan from the city when they opened the wind power company in 2009 after a background investigation showed they filed for bankruptcy in Branson, MO in 2005, owing more than $800,000 for other businesses. One of the owners blamed the company’s failure on malfunctioning parts produced in a Chinese factory. Former workers report that most of the employees lacked training in wind generators and electrical work and instead learned skills from other workers.

If your business runs into legal troubles, contact the Des Moines business attorneys of LaMarca Law Group, P.C., at (877) 327-2600.



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