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Man sues over lost investment

MADISON - ST. CLAIR RECORD

Thursday, November 21, 2024

Man sues over lost investment

Lawsuits
Law money 02

EDWARDSVILLE — A Madison County resident accuses a Nebraska man of fraud.

Kurt E. Johnson filed a complaint on Oct. 17 in Madison County Circuit Court against Mark Lakers and Premium Standard Protein LLC, alleging they made false statements to induce the plaintiff to invest in a business.

According to the complaint, the plaintiff gave the defendants $150,000 for an investment. However, Johnson alleges the defendants did nothing to build the business, causing the plaintiff to lose his investment.

The plaintiff requests a trial by jury and seeks rescission of the contract. He is represented by Giles B. Howard of Goldstein and Price LC in St. Louis.

Madison County Circuit Court case number 18-L-1392

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