March 2021

Ebury Street Capital, LLC, et al. v. McOsker, et al. was filed in the United States District Court for the District of Delaware on February 12, 2021, claiming civil damages for an alleged $3.5  million Ponzi scheme perpetrated by the defendants.

Plaintiffs are entities in the business of buying tax lien certificates, and defendants are individuals and entities who purported to be legitimate brokers and market-makers for the selling and trading of tax lien certificates.

Continue Reading… New Complaint – Ebury Street Capital, LLC, et al. v. McOsker, et al.

Ocean Development Partners, LLC (MA) and Ocean Development Partners (RI) v. Dmity Deych, et al. was filed in the Superior Court of Suffolk County, Massachusetts on March 11, 2021, seeking damages and equitable relief for federal statutory and state law claims related to the defendants’ purported scheme to defraud the purchasers of certain real estate.

Plaintiffs are limited liability companies located in Massachusetts and Rhode Island that entered into an agreement to purchase a real estate development project and luxury vacation community (the “Investment”).  The defendants are individuals and entities who, largely unbeknownst to plaintiffs, likewise had an ownership or other interest in the Investment.

Continue Reading… New Complaint – Ocean Development Partners, LLC, et al. v. Dmity Deych, et al.

Mar v. Mohr, et al. was filed in a California state court on February 11, 2021 as a putative class action for $170 million in civil damages against alleged co-conspirators of a retirement planning fraudster’s business.  Specifically, the complaint alleges violations of California securities law, fraud and deceit, intentional misrepresentation, and negligent misrepresentation.

The named plaintiff is an individual investor who seeks to represent two classes amounting to over 100 other investors.  The defendants include an individual (“Mohr”) and his corporate entity, EquiAlt, LLC.  Mohr purported to provide retirement planning services alongside his licensed business of selling life insurance.  Mohr’s attorney (“Wassgren”) and unnamed Doe defendants are also included in the suit.

Continue Reading… New Complaint – Mar v. Mohr, et al.