Steve Repetti Removed by Court Order For Misuse of Shareholder Funds As Officer & Director of BRT

Added By MuckRaker - Nov 7, 2015 - Court and Legal

Description

https://www.linkedin.com/in/steverepetti

During 2006-2008 Steve Repetti as the CEO of BRT systematically engaged in fraudulent activities that included tax evasion, misuse/theft of shareholder funds, denying shareholder rights, denying debt instruments and lying under oath in a Broward County Court. He was removed as an Officer/Director of the Corporation by 17th Circuit Judge Carole Lisa Phillips.

Broward County Court Records: http://www.clerk-17th-flcourts.org/Web2
CACE06000222 Affirmative Ins Holdings Inc, et al Plaintiff vs. Business Risk Techology Inc, et al Defendant
CACE07015155 Daryl P Polenz Plaintiff vs. Brt Holdings Inc, et al Defendant
CACE08019110 Dolores Millette Plaintiff vs. Brt Holdings Inc, et al Defendant
COSO12002893 Michael Hejja Plaintiff vs. Steven M Repetti Defendant


IN THE CIRCUIT COURT OF THE
17TH JUDICIAL CIRCUIT IN AND
FOR BROWARD COUNTY, FLORIDA

http://www.wikinvest.com/stock/Affirmative_Insurance_Holdings_%28AFFM%29/Legal_Regulatory_Proceedings

Affirmative Insurance Holdings, Inc. and Affirmative Property Holdings, Inc. brought action against Business Risk Technology, Inc. and Steven M. Repetti (BRT) in the Circuit Court of the 17th Judicial Circuit, Broward County, Florida in January 2006 for fraudulent inducement, breach of contract, breach of the covenant of good faith and fair dealing, and for declaratory and supplemental relief arising from the defendant’s wrongful conduct and contractual breaches. This action involves our enforcement of certain rights under a software license agreement we entered with BRT wherein BRT agreed to develop and provide us with a complete turnkey software system for use by our various affiliates. BRT has asserted counterclaims for breach of contract, unjust enrichment, and fraud. In July 2007, the court granted summary judgment in favor of BRT on our breach of contract claim. On February 13, 2008, the court dismissed all of BRT’s counterclaims with prejudice. We expect to go to trial on our fraudulent inducement claim against BRT in the second quarter of 2008.

Comments

Submit Comment

You must be logged in to post comments. Click here to login.