June 22, 2015
A New York federal judge on Friday dismissed an indemnity suit brought by Gramercy Asset Management LLC over a client's accusations it committed fraud in connection with a tax shelter it promoted, saying the parties had settled the dispute.
April 27, 2015
A former Gramercy Asset Management LLC client, who has accused the firm of fraud in connection with a tax shelter it promoted, asked a New York federal judge on Friday to toss the investment firm's countersuit against him, saying it can't seek indemnity from "the very parties it defrauded."
February 18, 2015
A Connecticut investment firm is seeking damages from a client who accused the company of fraud for its role in a tax shelter that he allegedly used to try to hide some $12 million in income, according to a complaint filed in a New York federal court.