Plaintiffs J.A.O. Acquisition Corp., J.A.O. Holding Company, Inc. (collectively referred to as JAO) and D.B. Brown, Inc., in their eighteenth cause of action contained in JAO's second amended complaint, contend that defendant W. Paul Brogowski (Brogowski) told JAO prior to the sale of D.B. Brown to JAO that certain foreign receivables were backed by letters of credit. Furthermore, JAO alleges that Brogowski inflated the value of D.B. Brown to induce JAO to purchase D.B. Brown...
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