Nightclub Investor Says Partners Danced Away With His Cash

Law360, New York (March 02, 2012, 7:46 PM ET) -- An investor in a Manhattan nightclub and restaurant launched a suit Thursday against their owner Sutol Associates LLC, alleging he was lured by misleading statements into investing $1.25 million and was then unfairly kicked out of the venture, losing the bulk of his money.

Investor Gregory Struck and his company Concept Holdings LLC said in New York federal court that nightlife kings Mark Birnbaum and Eugene Remm told him he could invest in Sutol Associates LLC, created to launch Abe & Arthur's restaurant and Simyone Lounge...
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Case Information

Case Title

Concept Holdings, LLC et al v. Sutol Associates LLC et al


Case Number

1:12-cv-01531

Court

New York Southern

Nature of Suit

Securities/Commodities

Judge

Richard J. Sullivan

Date Filed

February 29, 2012