Merrick Brock files fraud and business conspiracy lawsuit against members of LLC
Merrick Brock filed an action pending in the Henrico County Circuit Court, Case No. CL19-6133, asserting claims for fraud, tortious interference with business expectancy, business conspiracy, breach of contract, and unjust enrichment.
The lawsuit alleges that the plaintiff entered into a real estate development project with two partners, but while they agreed to split profits equally, two of the partners conspired together to cut the plaintiff out of the deal. The two partners formed an LLC with just the two of them identified as members. However, the lawsuit alleges, the two partners led the plaintiff to believe he was a member of the LLC in order to take advantage of his services and benefit from his contributions in putting the project together, only to later deprive him of an equal share of the profits when the deal was completed.
The lawsuit seeks $100,000.00 in compensatory damages, trebled to $300,000.00 under Virginia’s business conspiracy statute, plus $350,000.00 in punitive damages, attorney’s fees, and costs.
Merrick Brock specializes in holding people and their companies accountable for unlawful business practices. Several state and federal laws are in place to protect innocent consumers and businesses from bad actors looking to take advantage of the system for their own economic gain. If you or your company have been the victim of fraud or other business torts, contact Merrick Brock for a free, no-obligation consultation. Merrick Brock’s attorneys have been recognized by their peers in the area of Business Litigation. Let us go to work for you.
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