In re: Investors Mortgage Holdings

CONCLUDED

Hearing
10/14/10 – 10/14/10

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Summary

In this financial industry fraud class action litigation hearing on motion to consolidate proceedings, defendant Investors Mortgage Holdings, Inc sought to consolidate all the cases against it related to the conversion transaction. In the lawsuit plaintiff, Ronald Tueck and other shareholders plaintiff had claimed that the Conversion Transaction by the company is a breach of both, the defendant’s common law fiduciary obligations to the unitholders of the fund and their duties under the Fund's Operating Agreement.

The plaintiff, Ronald Tueck was represented by attorney Elena Norman. The defendant in this case, Investors Mortgage Holdings, Inc was represented by attorneys Jeffery Klafter and Charles Bachman.

Sessions

Recording Disclaimer: This proceeding was recorded in full.

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