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ROSENBAUM v. SEYBOLD

Cause No. 1:06-CV-352-TLS.

THOMAS ROSENBAUM, et al., Plaintiffs, v. CHAD SEYBOLD, et al., Defendants.

United States District Court, N.D. Indiana, Fort Wayne Division.

August 30, 2011.

OPINION AND ORDER

THERESA L. SPRINGMANN, District Judge.

The Plaintiffs in this lawsuit are investors who contributed, in total, more than $1 million in capital for the purpose of buying, rehabilitating, remortgaging, renting, and eventually selling homes in Marion, Indiana. After the Plaintiffs learned that their investment money had disappeared without any return, having potentially been mismanaged and misappropriated, they sued the business ventures,...

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