CalPOP.com Majority Shareholders File Suit Against CalPOP.com as Represented by Luce, Forward, Hamilton & Scripts, LLP. Can Any Lawfirm Help?
Los Angeles, CA (PRWEB) April 22, 2011
According to a recently filed lawsuit, CEO, and majority shareholder of CalPOP.com, inc., stock, Richard “Lynn” Hoover is ousted and his stock is diluted from majority to minority vote in two contested meetings held by ex-employees of CalPOP.com represented by Luce, Forward, Hamilton & Scripts.
A complaint was filed on behalf of the majority shareholders of CalPOP.com, inc, being BC 457154 in the Superior Court of the State of California. The majority shareholders of CalPOP.com stock are seeking a law firm to represent them against Luce, Forward, Hamilton & Scripps, LLP. The shareholders claim that Luce Forward took stock to represent CalPOP.com and represents parties that diluted the majority shareholders of CalPOP.com, inc.from a majority to a minority for its own self gain and to upset the control of the corporation. Take notice of Civ. No. 6709. Third Dist. Jan. 23, 1943, California Vanderlip vs. Los Molinas Land company. Take notice that pursuant to SBA loan documents regarding a loan CalPOP.com took guaranteed by Mr. Hoover’s personal property that this SBA loan of $975,000 to CalPOP.com specifically says voting control cannot be changed by 25% and that per the complaint Mr. Hoover, the majority shareholder, claims voting control of CalPOP.com stock in excess of 80% or more.
An interesting article to the point can be found here: http://www.lewitthackman.com/corporate/lawyers_dilemma.pdf.
Please call Richard “Lynn” Hoover at 323-385-3920 or email him at email@example.com if your firm is willing to take this case on contingency and willing to litigate against Luce, Forward, Hamilton & Scripps, LLP to prove that justice and fairness should prevail.
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