OMG. I was doing research in county court records & this recently filed lawsuit caught my eye. Scientology's vitamin king, himself, is suing fellow Scilons, claiming they caused him to lose over $8 million in income.

THIS IS HUGE!!!!

Case Number: BC492003
CONQUEST INTERNATIONAL ET AL VS R ROSSER COLE ET AL

Filing Date: 09/12/2012
Case Type: Legal Malpractice (General Jurisdiction)
Status: Pending

Parties:

COLE R. ROSSER - Defendant/Respondent
CONQUEST INTERNATIONAL - Plaintiff/Petitioner
DOES 1-50 - Defendant/Respondent

PETER GILLHAM - Plaintiff/Petitioner

LAW OFFICES OF LLOYD S. PANTELL - Attorney for Plaintiff/Petitioner

HINTON KREDITOR & GRONROOS LLP - Defendant/Respondent

R. ROSSER COLE A LAW CORPORATION - Defendant/Respondent

SOBEL LESLIE - Defendant/Respondent

Documents Filed:

09/12/2012 Complaint (40 pages long.. will be posted soon).

http://www.lasuperiorcourt.org/civilcas ... /index.asp

Isn't that a "high crime" on $cientology's list of "bad things" that $cientologists shouldn't do?

This 2009 thread says Peter Gillham, Sr., owner of the vitamin company, was the only one in his family still in. http://www.forum.exscn.net/showthread.p ... l-Vitality

Here's another thread, date not found: from http://forum.reachingforthetippingpoint ... 28.10;wap2

from http://www.goldcenturypress.com/authors.php

Yvonne Gillham later married Heber Jentzsch.

Peter was born in 1927, so is 84 or 85 years old. http://www.mylife.com/c-926579434

I sent an attachment to several people who wanted to put it on their Scribd accounts. It was posted to WWP tonight.

http://www.scribd.com/doc/106774212/Gil ... fullscreen

Smurf, good job And it is a big deal, Co$ doesn't like any messy court cases out there from followers. Whether in or out, look like transaction happened while still in?

Yessiree peoples Oatees and $cientologists are the most ethical people on the planet.

40 pages is a very long document for me.
Smurf, could you tell in few words how they make him lose $8 million?

Ordinarily one of the perks of being in the cult is the legal power and representation they can give to you. Not to mention just plain fear!

But when Scis sue Scis I guess nobody is going to use their cult lawyers to fair game each other right?

Here's my non-lawyer summary - Gillham wanted to sell his business in 2009. There was an appraisal which was too low because it used only cash flow and ignored assets. The R. Rosser Cole lawyers handling the deal had a conflict of interest. Ownership was transferred ignoring an additional $2 million which should have been paid. The R. Rosser Cole lawyers tacked on a deal that Gillham keeps working, although Gillham never agreed to that. The lawyers never delivered the promissory note or the final documents. Damages claimed by the Plaintiffs (Gillham's side) are $8 milllion. There is an Elder Financial Abuse claim, too. The R. Rosser Cole lawyers are accused of Professional Malpractice.

You remind me of ME when I was in graduate school whining to the professor in a class where we had to read one book a week and write a lengthy summary on it, despite the fact, I had 6 other classes with the same, demanding professors.

The gist of the lawsuit, IMHO, and is the crux of alot of lawsuits filed, where abuse of fiduciary duties are claimed, Peter Gillham was taken advantage of because of his old age and, perhaps, fading memory, and manipulated into signing an agreement that deliberately undervalued his company's assets and potential profit in the coming years.

I was informed by a friend of Peter's, that his company was earning upwards of $2 million a week in gross (retail & online) sales for his products.

Rosser Cole could lose his law license over this. He, himself, was a victim of the Reed Slatkin pyramid scheme, and had to rebuild his life & finances after that debacle.

Thanks for finding this, Smurf. Sharp-eyed critics Google, poke around, read/watch the news, and a famous-within-Scientology name catches our eye. Expect us.

Thanks, Smurf.
Does Peter have any chance of wnning? Although the assets were undervalued, it may be hard to prove that it was done on purpose. A defendent could claim, I suppose, that it was nothing more than a mistake.

Of course. This happens all the time. Peter estimated future profits of his company & it's products to be much higher, than what his accountant & attorney claimed it was. It's difficult to estimate future profits in a downturn economy, and the company's profits would be different than when the economy was better than it is today.

Separate from that, though, if Peter signed a contract stipulating he would receive income payments, and he did not receive them, then a violation of contract law occurred. I expect this case to be a numbers game. Peter's attorney will hire a CPA & actuary to analyze Peter's financial records & go head-to-head with Leslie Sobol. I expect this to be settled out of court, much like cases in the past, that have involved the SEC & bankruptcy court.

Cases like this should not go to a jury. Judges & juries, generally, lack an understanding of accounting methods & how actuaries arrive at conclusions using math, statistics, and financial theory to assess legal issues involving financial risk & potential profitability. It's brain science. It's like asking a jury to decide who's right in an argument over the law of physics.

Several critics have been trying to find out who "Ian" is, that is mentioned in the lawsuit. I learned from a source that Peter Gillham had a girlfriend in Australia, who bore a son, Ian. They were never married.

I found dox on Ian & his mother. Ian won a national competition in 2006 for emerging artists with disabilities. He's also a member of the Sculptor's Society in New South Wales (Sydney area) who last showed his art in exhibition in 2007. I can find no reference to him after 2007.

http://www.forum.exscn.net/showthread.p ... post731497