DBSI Trustee Sues 6 Brokers Over $500M Ponzi Scheme

By Christie Smythe · July 15, 2011, 2:50 PM EDT

A trustee seeking recovery for investors in defunct real estate investment firm DBSI Inc. sued six securities brokerage firms in Delaware on Thursday alleging they were complicit in a $500 million...

To view the full article, register now.

Try a seven day FREE Trial

Already a subscriber? Click here to login

Documents

Complaint

Case Information

Case Title

Zazzali v. Berthel Fisher & Company Financial Services Inc. et al

Case Number

Court

Delaware

Nature of Suit

Securities/Commodities

Date Filed

July 14, 2011

Recent Articles By Christie

July 14, 2011
Borders Wins OK To Move Forward With Auction
July 13, 2011
Judge Tables Ch. 11 Exit For Cassa Hotel Developers
June 29, 2011
Resort Co. Fends Off Singapore In Bankruptcy Hearing
June 22, 2011
Borders 'Getting Raped' On Lender Fees, Judge Says
June 15, 2011
Lehman Wins Approval To Sell NY Building For $161M
May 13, 2011
NY Hedge Fund Manager Hit With Fraud Charges
May 05, 2011
SEC Goes After ICP Founder's Homes In CDO Fraud Case
May 03, 2011
US Sues Deutsche Bank For $1B Over Bad Mortgages
April 11, 2011
Ex-WexTrust Exec Gets 13 Years For $255M Ponzi Role
April 08, 2011
Judge Clears Accredited To Seek Ch. 11 Plan Votes