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WALL v. ALTIUM GROUP, LLC

Civil Action No. 16-1044.

ROBERT WALL and LINDA WALL, v. ALTIUM GROUP, LLC,

United States District Court, W.D. Pennsylvania.

March 28, 2017.

Editors Note
Applicable Law: 28 U.S.C. § 1332
Cause: 28 U.S.C. § 1332 Diversity - Other Contract
Nature of Suit: 190 Contract: Other
Source: PACER

Attorney(s) appearing for the Case

ROBERT WALL, Plaintiff, represented by Thomas H. Chiacchio, Jr. , The Chiacchio Firm, pro hac vice.

LINDA WALL, Plaintiff, represented by Thomas H. Chiacchio, Jr. , The Chiacchio Firm, pro hac vice.

ALTIUM GROUP, LLC, Defendant, represented by Michael J. Betts , Post & Schell, P.C..

MEMORANDUM

Investors signing a contract with a company promising them an annuity stream of income in exchange for the investors' lump sum payment are entitled to return of their lump sum if the company cannot produce the annuity. This is bedrock contract law. The defendant company...

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