LV timeshare seller sues attorney over lawsuits

Las Vegas Sun
June 29, 2001
A Las Vegas timeshare resort company and its parent sued a local attorney and his law firm, alleging their timeshare sales and stock prices suffered when the defendants filed "malicious, bad faith" lawsuits that included "groundless fraud-based claims."

Preferred Equities Corp., doing business as Ramada Vacation Suites, and its parent Mego Financial Corp. sued Ara Shirinian and his law firm, Shirinian and Roitman, in Clark County District Court.

Preferred said its business suffered because it has had to disclose to the Nevada Department of Real Estate and reference in sales materials information about a class action lawsuit Shirinian filed on behalf of a Preferred Equities client alleging what Preferred calls "groundless fraud claims."

Read this entire article in Business briefs for June 29, 2001 in The Las Vegas Sun.