Investors drop Wallace Bajjali fraud case
January 19, 2012
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.
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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.”