Looks like we have another look into the world of fraudclosures via the deposition of Cheryl Samons.
Cheryl Samons depo: “David Stern lied to me.”
Former employees of the Law Offices of David J. Stern have filed a class-action against Stern and his firm, claiming they were laid off in violation of federal law when Stern’s firm collapsed in November 2010.
Lawyers in that suit have taken the deposition of Cheryl Samons, and her testimony is fascinating for anyone who wants to know how Stern built his empire on whose toes he stepped on to get there.
One fascinating aspect is the promises that Stern made to Samons—and how, when he took the company public, he cut her out of the talks completely:
Q: Taking the company public, you said it was "our dream," was that ever your dream?
A: No, I didn't want to be part of a publicly traded company, but David kept saying that—because I didn't know anything about publicly-traded companies. And I still don't know anything about publicly-traded companies. But you know, because it was—it was our little thing that we built, you know. It was supposed to be small.
Q: Do you think David lied to you?
A: Yeah. I think he lied to me.
You can check out the rest here…
Copy of depo below…