Altogether, Plaintiff sold these businesses for roughly $6 million, and his brother-in-law and business partner, Sharjeel Surani (“Defendant”), received half of the proceeds from thesales.
... any proceeds from the sale because Defendant has refused to provide Plaintiff with his half of the sales proceeds—some $2.7 million. Instead, Defendant lied about chargebacks associated with the sale and tried to withhold over $250,000 ...
... $250,000 from Plaintiff. Defendant has also repeatedly attempted to charge fees and expenses against Plaintiff's share of the sales proceeds, and, recently, Defendant represented that only $4 million is available, as opposed to the ...
... and Defendantreceived $3.9 million from the sale of one ofthe cell phone dealerships; $1.5 million from the sale of the other cell phone dealership; and $780,000 from the sale of the convenience store operations—in total, $6.18 million.
Defendant has also continued to assess new costs and fees against Plaintiffs portion of the sales proceeds—suchas the $250,000 chargeback that Defendant was going to “look into”after Plaintiff confronted him about—and has also sought to coerce Plaintiff into settling for a quarter (25%) of the sales proceeds. Defendant’s breach of the agreement between ...
... I sold another cell phone dealership for roughly $1.5 million, and a convenience store operation for approximately $780,000.00. Likewise, Defendant and I were to equally split the proceeds of the sale, i.e., 50/50, except for $250,000.00 ...
... $5.4 million, or $2.7 million. Defendant called me and, althoughstill refusing to release any such funds or pay me, told me that a $250,000 charge was going to be assessed against us by theseller, i.e., a chargeback. Immediately, I called ...
And I also paid Defendant around $250,000.00 in return for my interest as a partner in SS Distro and Vaporlab. 7. In sum, based on the foregoing, I have incurred approximately $6 million in damages based on Defendant’s actions, ...