Allen Family Accused Of Forgery In $15M Ranch Deal

Law360, New York (October 19, 2011, 4:56 PM EDT) -- Family members of the late Robert Allen, of private investment bank Allen & Co. Inc., were accused Tuesday of forging a dying Allen's signature to expedite the transfer of his interest in a $15 million Arizona ranch and avoid a $25.3 million judgment owed to Excelsior Capital LLC.

Excelsior's sole member Richard Davis won the judgment in March after the New York State Supreme Court reversed a dismissal of his claim that Allen had convinced him to invest almost $40 million in a fraudulent enterprise....
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