LAS VEGAS (Legal Newsline) – A national foreclosure title services and products company is suing a law firm and several of its members over claims they fraudulently misappropriated funds.
ServiceLink NLS LLC filed a lawsuit Jan. 4 in the U.S. District Court for the District of Nevada against Cooper Castle Law Firm LLC, doing business as Cooper Castle Law Firm LLP; Caren Castle; Lawrence Castle; Stephanie Cooper Herdman; and Aaron Waite, alleging breach of contract, unjust enrichment, constructive trust, breach of fiduciary duty, conversion and fraud.
The suit states Cooper Castle received monies in its capacity as a billing/payment intermediary in residential foreclosure transactions. Cooper Castle was then obligated to transmit earmarked funds to ServiceLink, but the suit states the defendants converted or stole the proceeds to finance Cooper Castle operations and to benefit themselves.
As a result, ServiceLink has allegedly sustained more than $594,000 in damages.
ServiceLink seeks damages of $594,199.29, interests, punitive damages and attorney fees and costs. The plaintiff is represented by attorneys Ryan M. Lower and Raleigh C. Thompson of Morris Law Group in Las Vegas, and by attorney James D. Miller of Babst Calland Clements & Zomnir in Pittsburgh, Pennsylvania.
U.S. District Court for the District of Nevada Case number 2:16-CV-00005-APG-GWF