Stacking Lawsuits
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  1. #1
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    Quote Originally Posted by jbrown View Post
    To clarify Sean's comments, we withdrew one of our stacking lawsuits because we could not get the documentation necessary to prove the impact of the stacking loans on the merchant's cash flow. The merchant was out of business and gone, we believe because of the stacker's actions, and we couldn't get bank statements etc. necessary to move forward.

    We have another case moving forward against Pearl in Maryland. The court's opinion, in denying Pearl's motion to dismiss, was supportive of our claim and that tortious interference is a valid course of action.
    Can't you subpoena the statements?
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

  2. #2
    Senior Member Reputation points: 32550 Funder Mark's Avatar
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    Quote Originally Posted by soscap View Post
    Can't you subpoena the statements?
    From a merchant that closed up shop? Who will you give the subpoena to?

  3. #3
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    Quote Originally Posted by Funder Mark View Post
    From a merchant that closed up shop? Who will you give the subpoena to?
    The merchant is still alive, why can't you subpoena him?
    David Obstfeld
    Chief Executive Officer
    SOS Capital
    1330 Ave of the Americas, NY, NY 10019
    212-235-5455
    SOSCapital.com

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