HSH Nordbank claims UBS Securities made more than $275 million at Nordbank’s expense after Nordbank invested more than $500 million with UBS, which allegedly made questionable deals and transferred risk from itself to Nordbank, in a claim of breach of contract and fiduciary duties in New York County Court.
Horizon FXC Limited Partnership demands $30 million from Razor FX, Michael Richard Maccaull, and Bradley Eisner claiming they misappropriated investors’ money in a sham company, in Brooklyn Federal Court.
Chris Bryan and Orbit Petroleum Co. are accused of fraud and racketeering in a deal involving an alleged oilfield in New Mexico, in Santa Ana, Calif., Federal Court.
Lennar Homes of California and Celebrations at Westlake built and sold 63 defective houses, the homebuyers claim in Kern County Court, Bakersfield.
Coleman Homes and Polo Greens built and sold 30 defective houses, the homebuyers claim in Kern County Court, Bakersfield.