Legal Question in Business Law in Florida

urgent-small business fiasco

my husband and I invested 50K into the gym we work out at. The 50K was to have 50% ownership of the gym. the individual we bought the ''shares'' from had alot of bills he had to catch up on.after paying off his bills for the gym, he came in and ''took over'' the gym saying we have no more ownership. We have no money, our 50K is gone and he is trying to liquidate and sell the gym out from under us. We found out we are not the only ones he as done this to. He has a history and a line of people he took money from. what do we do? we have no money coming in, facing foreclosure etc. we need to get our money back. can he sell the business out from under us?


Asked on 3/31/07, 10:12 am

2 Answers from Attorneys
Robert Roemer Robert Roemer

Re: urgent-small business fiasco

I think I could assist you. It seems like this is a financial fraud so I would need you to contact you to get any documents regarding this transaction.I would suggest you e-mail me or call me at my office Monday so we can discuss this in greater detail.

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Answered on 4/01/07, 4:09 pm
Johm Smith tom's

Re: urgent-small business fiasco

You probably have a good claim to sue him but you need to get a local business attorney now.

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Answered on 3/31/07, 12:49 pm


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