A Stern Glance

DISCLOSURE: Stern And Company represents Vestin
THE BASICS:
Alleging that Ken Klaas’s lawsuit is costing Vestin and its shareholders millions of dollars, Vestin sued Ken Klaas. The suit claims:
Breach of Contract: Among other issues, the filing states that Klaas “[Used] the Vestin Client List for his own purpose and to the detriment of Fund II by “bartering” [...]

Casino Empire Takes Fresh Hits (From The Wall Street Journal 11/12/08)
Adelson’s Stake to Fall as Sands Shores Up Financing; Industry Bruised by Downturn
Sheldon Adelson — who has seen the value of his stake in Las Vegas Sands Corp. shrink by roughly $30 billion in the past year — has agreed to a financing deal that [...]

In the early 1960s, any business executive worth his salt would have stated immediately that a company’s job is to make money for its owners. Indeed, Nobel Prize winning economist Milton Friedman argued just that:  that the corporation’s responsibility is to produce profits and that the cost of corporate social goals amounts to a hidden [...]

JAMES MANISCALCO (CA SBN 179386)
james@hmattorneys.com
HARDING & MANISCALCO LLP
609 Deep Valley Drive, Suite 200
Rolling Hills Estates, California  90274
Telephone:    310.265.4430
Facsimile:     310.469.0144
Attorneys for Plaintiffs Vestin Realty
Mortgage II, Inc., for itself and as successor
to Vestin Fund II, LLC, Vestin Mortgage,
Inc., Vestin Group, Inc.,
and Michael V. Shustek
UNITED STATES DISTRICT COURT
SOUTHERN DISTRICT OF CALIFORNIA
PLAINTIFFS VESTIN REALTY MORTGAGE II, INC. for [...]