![]() ![]() In June, Los Angeles District Attorney George Gasc ón announced formal charges against Los Angeles Councilmember Curren Price Jr. Indeed, the … Indictment does not charge Chan with breaching his fiduciary duty for conduct that he engaged in as a private citizen.” Walter also rejected arguments by Chan that the indictment “failed to properly state the offense of federal bribery” and that the RICO count did not “sufficiently allege the existence of a conspiracy,” saying that prosecutors had met their burden in both regards.Ĭhan is the only person involved with the alleged scheme who will face trial, which is scheduled to continue later in 2024. Chan’s legal argument, to that end, “rests on a fundamental misunderstanding of what is alleged in the … Indictment. Noting that this was Chan’s second attempt to dismiss the charges and that the motion was filed without proper leave of the court, Walter nonetheless went on to find Chan’s argument that the acts in question fell outside the time of his employment with the city was not persuasive. Huziar is expected to be sentenced in January of 2024. That former City Councillor, Jose Huizar, was initially scheduled to be tried alongside Chan but plead guilty to RICO and tax evasion charges in 2023. According to the indictment, Chan abused his official position to benefit Chiang’s application. In November 2020, the Justice Department announced the charges against Chan and made an accompanying indictment public.įederal prosecutors allege that Chan and a former Los Angeles City Councillor used their influence to take money from the developer of the Luxe Hotel, George Chiang. The indictment includes charges that, while in his position of Deputy Mayor, he did “ his official position as Deputy Mayor to pressure subordinate City officials to take favorable official actions on the Luxe Hotel Project,” according to Friday’s ruling. Walter denied a motion by Raymond Chan, former Los Angeles Deputy Mayor of Economic Development, on Friday to dismiss a series of charges in a sprawling public corruption indictment.Ĭhan faces a 12-count federal indictment on RICO, bribery, honest services and false statements. If you do, Matt will add your name to the filing.US District Judge John F. Once the Amicus Brief is drafted, you'll receive a copy to review. An opposite perspective on the case from many members of the plaintiff's own class (other shareholders of PSTH) might count as informative to the case. What is this? We the shareholders of PSTH can attempt to file an Amicus Brief to support PSTH's motion to dismiss the George Assad lawsuit. Please do this ASAP so we can beat the deadline! Some of us may be able to pitch in extra to help cover your fee. If you can't afford to pay a fee, please send an email anyway. If there's a fee involved, we can decide how to split it. ![]() Include your full name, whether you are an individual or institutional shareholder, and whether you are interested to potentially support the motion to dismiss. Įmail Matt at subject line must read "PSTH Amicus Brief" Matt’s bio and contact details are in the following link. Please contact Matt Peller as soon as possible. Time is of the essence and a filling would have to be made by December 13, 2021. We have identified a good lawyer, Matt Peller at Rolnick Kramer, who is willing to assist you for no or a small fee. Thank you for reaching out and for your offer to help. I just heard back from investor relations:
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