Investors drop Wallace Bajjali fraud case

Amarillo Globe News A non-suit is a procedural device generally used by the plaintiffs to end a case “for whatever reason,” Texas Tech University law professor Jarod Gonzalez said. “The parties go back to the position they were in before the lawsuit was filed.”

Investors withdrew a lawsuit against Wallace Bajjali Development Partners late Tuesday, claiming the firm had fraudulently plowed millions of dollars into a media company Ponzi scheme.

...

A non-suit is a procedural device generally used by the plaintiffs to end a case “for whatever reason,” Texas Tech University law professor Jarod Gonzalez said.“The parties go back to the position they were in before the lawsuit was filed.”

Read the rest of the story at Amarillo Globe-News