ERIE – A New Castle man alleges he was damaged when a stock purchase fell through because of alleged interference.
Anthony J. Razzano filed a complaint on Aug. 8 in the U.S. District Court for the Western District of Pennsylvania against VMI Nutrition Inc., doing business as Genysis Brand Solutions Inc.; Jeffery Reynolds, individually and as a registered agent of VMI Nutrition Inc.; and Feel Fit Enterprises LLC alleging intentional interference with prospective business relations.
According to the complaint, the plaintiff purchased 35 shares of Exclusive Supplement Inc. stock for $150,000 and a note of $40,000 in June 2014. The suit states he later became CEO of the company.
The suit states that the plaintiff and Afterglow Holding entered into a letter of intent for the purchase of stock for $500,000 and were scheduled to close on Aug. 31, 2015. The suit states that the Afterglow parties did not show up to the closing and alleges Reynolds interfered with the contract to stop the purchase agreement.
The plaintiff seeks judgment against the defendant in an amount of more than $75,000 plus interest, court costs and any further relief the court grants. He is represented by John E. Quinn and J. Julius Bolock of Quinn Logue LLC in Pittsburgh.
U.S. District Court for the Western District of Pennsylvania case number 2:17-cv-01033-CB