May 16, 2014
A New York federal judge on Friday entered final judgment for a class of Muslim investors' breach of contract claim against HDG Mansur Investment Services Inc. for allegedly misappropriating $5.8 million in financing fees, finding that HDG may not be able to pay unless it was ordered to do so immediately.
April 22, 2014
The head of a real estate investment advisory firm accused of misappropriating $5.8 million from religious Muslims dodged claims Monday that he helped his firm skirt its fiduciary duty, though his firm still faces significant legal challenges from investors.