OMAHA, Neb. AP - The former Nebraska City broker who is accused of improperly selling risky investments in several interrelated Florida companies has filed bankruptcy in Arizona.The lawyers handling most of the claims against Rebecca Engle say the Chapter 11 bankruptcy filing will delay the lawsuits and arbitration claims she faces.
June 03, 2008 at 12:00 AM
1 minute read
OMAHA, Neb. AP – The former Nebraska City broker who is accused of improperly selling risky investments in several interrelated Florida companies has filed bankruptcy in Arizona.
The lawyers handling most of the claims against Rebecca Engle say the Chapter 11 bankruptcy filing will delay the lawsuits and arbitration claims she faces. But it won’t allow Engle to avoid paying investors if their lawyers can prove she committed securities fraud.
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