General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsMichael Reagan Ordered to Pay More than $600,000
<Ronald Reagans oldest son and two associates were ordered to pay more than $600,000 to a fellow businessman whom they deprived of an ownership interest in an email business he created to capitalize on the memory of the former president and cater to conservatives.
A Los Angeles Superior Court jury deliberated for most of the day before returning its verdict of $662,500 in favor of Elias Chavando late Tuesday afternoon.
She said the jury agreed that a partnership existed among the businessmen despite defense arguments to the contrary. She also said she was not concerned that the Reagan name would have a star power influence on the jurys decision-making to Chavandos detriment.
In his opening statement Jan. 13, the plaintiffs other attorney, Mark Chassman, said the three defendants denied his client a $3.8 million share of the business generated from @Reagan.com when half of the business was sold to Chicago entrepreneur Anthony Saliba.
They used greed, arrogance and strong-armed tactics
to enrich themselves, Chassman said. Ownership is the key to this case.>
http://westsidetoday.com/2015/01/29/son-and-associates-of-ronald-reagan-ordered-to-pay-more-than-600000/
malaise
(269,278 posts)to expose more ReTHUG scumbags.
BrotherIvan
(9,126 posts)lastlib
(23,366 posts)...but perhaps only repuglicans are lower in the grand scheme of things.
Tom Ripley
(4,945 posts)Enthusiast
(50,983 posts)vlyons
(10,252 posts)BTW: I don't think that Daddy Reagan was a scumbag. An ignoramous with onset dementia, yes. A criminal in the Iran/Contra scaldel, yes. A patsy dupped by Cap Weinberger and the Bechtol bigwigs, yes. An entitled Hollywood B-grade star, yes. An asshole, who let his wife run the whitehouse based on astrology, yes. But a scumbag? Why ever would you say such a thing about dear Ronnie?
hlthe2b
(102,509 posts)Shrike47
(6,913 posts)It's pathetic in itself, but also pathetic that people would buy something based on the Reagan name. Like the poor people who send their few dollars to television preachers, it makes no sense but they do it anyway, happily.
Now they will appeal and drag the whole thing out for several more years.
Its to much money