real veba john koresko sued Published on January 28, 2016 Likereal veba john koresko sued3Comment3ShareShare real veba john koresko sued1 Lance Wallach Lance Wallach Managing Director at VEBA LLC. The suit says tax attorney John Koresko retained MMWR to represent him in multiple lawsuits pertaining to his operation of a employer welfare arrangement, REAL VEBA. Koresko and his companies were converting assets held by the REAL VEBA Trust and the Single Employer Welfare Benefit Plan Trust (SEWBPT), the suit claims.
The trusts were allegedly meant to hold assets for the participants and their beneficiaries.
Within days of MMWR agreeing to represent Koresko, the U.S. District Court for the Eastern District of Pennsylvania entered a partial summary judgment against Koresko, Jeanne Bonney and PennMont Benefit Services, Inc., ruling that they had transferred trust assets to non-trust accounts.
MMWR did not withdraw its appearance on behalf of any of the parties and did not stop representing Koresko, his alleged co-conspirators or his companies.
MMWR allegedly billed and accepted payments of $1.4 million from the trusts for the representation of Koresko and his alleged co-conspirators.
real veba john koresko sued
ReplyDeletePublished on January 28, 2016
Likereal veba john koresko sued3Comment3ShareShare real veba john koresko sued1
Lance Wallach
Lance Wallach
Managing Director at VEBA LLC.
The suit says tax attorney John Koresko retained MMWR to represent him in multiple lawsuits pertaining to his operation of a employer welfare arrangement, REAL VEBA. Koresko and his companies were converting assets held by the REAL VEBA Trust and the Single Employer Welfare Benefit Plan Trust (SEWBPT), the suit claims.
The trusts were allegedly meant to hold assets for the participants and their beneficiaries.
Within days of MMWR agreeing to represent Koresko, the U.S. District Court for the Eastern District of Pennsylvania entered a partial summary judgment against Koresko, Jeanne Bonney and PennMont Benefit Services, Inc., ruling that they had transferred trust assets to non-trust accounts.
MMWR did not withdraw its appearance on behalf of any of the parties and did not stop representing Koresko, his alleged co-conspirators or his companies.
MMWR allegedly billed and accepted payments of $1.4 million from the trusts for the representation of Koresko and his alleged co-conspirators.