I’m putting a hold on the final installment of the saga of Joel’s Sentencing Brief until this is covered in full. Yet another class action was filed on September 29, 2017, and intended for victims located outside California. According to to the initial complaint, there are 500-600 victims located outside California who, together, lost about $45 million. Victims in California lost about $90 million. Off the bat, we have a discrepancy. The Receiver has been pretty consistently estimating $124-125 million. This case places it higher but this case is only counting from 2009-2014 – five years. Back when NASI shut down, people on Quatloos thought the Receiver could only go back five years but he ended up being able to go back seven. Perhaps because of the multiple jurisdictions of the victims (they are spread across thirty-six states), they can only go back five years in this case, which would account for the $10 million difference between this case and the Receiver. The suit alleges what I now consider boilerplate allegations against Fitzwilliam and CNB and adds Fuel Doctor into the mix. How he knew, how he helped, etc. What’s interesting in this one are the details revealed. I’ll try to
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