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 [...]

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 [...]

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 [...]