CASPERSEN AS TRUSTEE FOR SAMUEL M.W. v. ORING

Civ. No. 19-15819 (KM) (JBC).

441 F.Supp.3d 23 (2020)

Samuel M.W. CASPERSEN, AS TRUSTEE FOR the SAMUEL M.W. CASPERSEN DYNASTY TRUST u/a DTD 9/3/97, Plaintiff, v. Martin ORING and Searchlight Minerals Corp., Defendants.

United States District Court, D. New Jersey.

Signed February 28, 2020.

Editors Note
Applicable Law: 28 U.S.C. § 1441
Cause: 28 U.S.C. § 1441 Notice of Removal - Fraud
Nature of Suit: 160 Stockholders Suits
Source: PACER


Attorney(s) appearing for the Case

Joshua C. Gillette , Kagen & Caspersen, New York, NY, Plaintiff.

Corinne McCann Trainor , Corinne McCann Trainor , Allison Linda Hollows , Fox Rothschild LLP, for Lawrenceville, NJ, for Defendants.


OPINION

Plaintiff Samuel M.W. Caspersen invested more than a half million dollars in a speculative mining project overseen by defendants Martin Oring and Searchlight Minerals Corp. Caspersen claims that Oring and Searchlight fraudulently induced him to invest in the project and that his investment is now essentially...

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