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Avenatti being investigated by California State Bar
Posted on: May 16, 2018 at 19:02:45 CT
Spanky KU
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In a complaint submitted to the California State Bar Association — and cc’d to the U.S. Attorney’s Office in Seattle — Bellevue attorney David Nold asserts Avenatti carried out an illegal “pump and dump” scheme through his Washington state-registered Tully’s ownership firm, Global Baristas US, LLC.
Nold’s complaint contends that while Avenatti ran the company, he fleeced nearly $6 million in federal and state tax withholdings — money meant to be held in trust for payment of quarterly taxes — from the paychecks of Tully’s employees.
The complaint also claims Avenatti fraudulently transferred $100,000 from the Tully’s operation last year to retain lawyers for his California law firm’s unrelated bankruptcy.
“Michael Avenatti’s actions in connection with Global Baristas US, LLC have caused significant damage to the State of Washington, the federal government and numerous private entities,” according to Nold, who represents Bellevue Square, Ellenos yogurt and other clients who have recently sued the Tully’s firm. “And they implicate his fitness to practice law.”
https://www.documentcloud.org/documents/4433390-Avenatti-Bar-Complaint.html
Nold’s complaint contends that while Avenatti ran the company, he fleeced nearly $6 million in federal and state tax withholdings — money meant to be held in trust for payment of quarterly taxes — from the paychecks of Tully’s employees.
The complaint also claims Avenatti fraudulently transferred $100,000 from the Tully’s operation last year to retain lawyers for his California law firm’s unrelated bankruptcy.
“Michael Avenatti’s actions in connection with Global Baristas US, LLC have caused significant damage to the State of Washington, the federal government and numerous private entities,” according to Nold, who represents Bellevue Square, Ellenos yogurt and other clients who have recently sued the Tully’s firm. “And they implicate his fitness to practice law.”
https://www.documentcloud.org/documents/4433390-Avenatti-Bar-Complaint.html
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Avenatti being investigated by California State Bar - Spanky KU - 5/16 19:02:45
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