Investment Biz Partners' Fraud Suit Spirals Into 'Food Fight'

Law360, New York (June 17, 2019, 7:46 PM EDT) -- A New York state judge on Monday decried how a fraud lawsuit between onetime infrastructure investment partners and law school friends devolved into a “food fight,” directing them to a referee for their discovery disputes.

The case was filed last year by Navaid Alam, who claimed Kabir Ahmad stole millions by shortchanging him on various infrastructure investment deals and took far larger slices of the profits than they previously agreed upon, according to the July complaint. Alam is seeking $4.9 million in damages.

Ahmad responded February with counterclaims that Alam — as well as his father-in-law — committed fraud by allegedly...

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