THE FACTS BEHIND THE FIVE MILLION-DOLLAR LAWSUIT AGAINST DAVID ISRAEL AND UCO
The Messenger Club held a
special town-hall meeting in the clubhouse on April 29, 2014. The guest of
honor was Attorney Peter M. Feaman, who has accepted to represent the FIVE
MILLION DOLLAR class-action lawsuit against David Israel and UCO. The purpose
of the lawsuit is to win back the money wasted on the roadway project.
Attorney Feaman has stated the lawsuit is NOT frivolous; it is a strong case and is winnable. IF the lawsuit is won, our attorney will ask the court to appoint a trustee to oversee the money to be used to repair or replace the roads as determined by experts.
The amount of money the residents initially need to raise for this lawsuit is ten thousand dollars for attorney fees, after which the Attorney’s fees will be on contingency. The residents must also raise an additional $20,000 to bring in expert testimony and to pay for additional court costs: expert witnesses and depositions; all of which should be raised but may not be needed. The attorney’s firm is expected to invest $50,000 in the course of the lawsuit. This lawsuit is the only course of action we can take to recoup the money wasted on the roadway project.
The initial cost each unit paid to pave the roads was six hundred dollars. The price to pay for the lawsuit is three dollars and fifty cents per unit, which is a small price to pay to recoup our money. We do not expect everyone to participate; therefore, we are asking you as an individual or as an association to contribute as much as you can to this important lawsuit. The average individual contribution has been one hundred dollars – some more, some less. One 20 unit association has already contributed one thousand dollars. The problems arising from the inadequate road paving are beginning to show up more and more each day. Cracks, flooding and lifting of pavement are becoming the norm.
Attorney Feaman has stated the lawsuit is NOT frivolous; it is a strong case and is winnable. IF the lawsuit is won, our attorney will ask the court to appoint a trustee to oversee the money to be used to repair or replace the roads as determined by experts.
The amount of money the residents initially need to raise for this lawsuit is ten thousand dollars for attorney fees, after which the Attorney’s fees will be on contingency. The residents must also raise an additional $20,000 to bring in expert testimony and to pay for additional court costs: expert witnesses and depositions; all of which should be raised but may not be needed. The attorney’s firm is expected to invest $50,000 in the course of the lawsuit. This lawsuit is the only course of action we can take to recoup the money wasted on the roadway project.
The initial cost each unit paid to pave the roads was six hundred dollars. The price to pay for the lawsuit is three dollars and fifty cents per unit, which is a small price to pay to recoup our money. We do not expect everyone to participate; therefore, we are asking you as an individual or as an association to contribute as much as you can to this important lawsuit. The average individual contribution has been one hundred dollars – some more, some less. One 20 unit association has already contributed one thousand dollars. The problems arising from the inadequate road paving are beginning to show up more and more each day. Cracks, flooding and lifting of pavement are becoming the norm.
If the case is won, UCO’S
insurance company will pay the damages, all expenses and court costs, including
your contributions, which will be returned to you or your association. The
court will also determine the attorney’s fee which will be additional. It will
not be deducted from the five million dollar settlement.
A non-profit Corp under 617 was
established to accept your contributions. The name of the Corporation is: J F
R, Inc (Justice For Residents).
Please Make your check out to
J F R Inc and mail it to:
Olga Wolkenstein
361 Northampton R
West Palm Beach Fl 33417
or
Edward Grossman
102 Wellington A
West Palm Beach Fl 33417
If you have any questions,
call Olga @ 561-281-2790 or Ed @ 631-742-1300
The residents must participate in this lawsuit. If they do not, they will have lost the five million dollars they spent on the roads. The roads will need to be done again and it will cost them another five million.
ReplyDeleteIf they contribute and win the case, they will save five million dollars.
They may not like the people who started this lawsuit but they did the right thing and we all should participate.