Lines Overseas Management paid $50,000 in 1997 to settle client lawsuit

By David Marchant

23 years ago

Topics

Keywords

Andrew McAlpine Charlotte Post Chase Lines Overseas Management Simons Chase VAM International

Vokoban Corp.

[ 1 more... ] [ top 5 ]

Bermuda-based investment firm Lines Overseas Management and a former employee at its office in the Cayman Islands paid $50,000 in 1997 to settle a lawsuit brought by a disgruntled client, we can disclose.LOM and Andrew C. McAlpine were accused of fraud and mismanagement by Plaintiffs Vokoban Corporation and VAM International, which opened a $500,000 brokerage account with LOM in 1996.

- You're only seeing part of this content
  
  To view the entire article or download the document, subscribe today.
  
  - Offshore Courts: 29,000+ court cases (Bahamas, Bermuda, BVI, Cayman Islands)
  - Investigative Articles: 4,500+ in-depth articles, including fraud exposés
  - MLATs - Criminal: 1,400+ MLATs on global criminal investigations
  - Ch. 15 - Insolvencies: Monitored daily
  - Foreign Discovery: Applications for foreign discovery filed in the USA, monitored daily
  - Regulatory Actions: Global regulatory actions, fines, and bans, monitored daily
  - And More: Criminal indictments, extraditions, winding-up petitions, and more
  
  Unlimited access for less than $3/day.
  
  Cancel anytime.
  
  SUBSCRIBE
- SIGN IN
  
  Forgot your password?

BECOME A SUBSCRIBER

Daily red flags in high-value international finance

Unlimited access. No contracts. Cancel anytime.