• Blog Post

    RUSSELL SIMMONS SUES KIMORA LEE SIMMONS AND TIM LEISSNER FOR CONSPIRING TO FRAUDULENTLY TRANSFER SHARES OF POPULAR ENERGY DRINK COMPANY CELSIUS

    Entrepreneur and hip-hop icon Russell Simmons recently sued his ex-wife, Kimora Lee Simmons, and her new husband, Tim Leissner, alleging the two conspired to fraudulently transfer millions of shares of Celsius, a popular energy drink company, to themselves to pay Leissner’s legal and bail fees.  Leissner pleaded guilty to money laundering in 2018 and agreed to hand over $44 million to stay out of jail.  The suit further alleges claims for breach of contract and breach of confidential relations. Russell alleges he entered a business arrangement with Kimora Lee and Tim in 2016 when they joined Nu Horizons, Russell’s investment company.  Russell alleges that through Nu Horizons, the parties invested…

  • Blog Post

    FEDERAL JUDGE IN CHARLOTTE RULES IN FAVOR OF BANK OF AMERICA IN TELEPHONE CONSUMER PROTECTION ACT LAWSUIT

    Last Friday, United States District Judge Robert Conrad in the U.S. District Court for the Western District of North Carolina ruled in favor of Charlotte’s own Bank of America in a lawsuit brought by a Kentucky man pursuant to the Telephone Consumer Protection Act (TCPA).  The plaintiff brought the suit in May 2020, claiming Bank of America called him approximately 300 times in 2019 in an attempt to collect a debt, despite the plaintiff revoking his consent. The TCPA, enacted in 1991, “restricts the making of telemarketing calls and the use of automatic telephone dialing systems and artificial or prerecorded voice messages.”  Specifically, “entities making telephone solicitations [must] institute procedures…