Lawsuit alleging fraud by Palm Beach developers dropped

Employee who filed sexual harassment suit also settled with the Batmasians

Miami /
Apr.April 26, 2018 12:57 PM

James and Marta Batmasian (Credit: YouTube)

Two lawsuits filed against developers James and Marta Batmasian were dropped – the same week Boca Raton’s mayor was charged with misconduct and corruption for her alleged ties to the real estate moguls.

A Palm Beach County Circuit Court judge ended a four-year legal battle between James Baker, the Batmasians’ former chief financial officer, and the developers. Baker alleged the company was marked by fraud, and that the Batmasians inflated tenant charges for common area maintenance.

The couple retaliated with a lawsuit against Baker, claiming he stole information from their company, Investments Limited, while he was CFO. Baker was fired in 2013, before the lawsuits were filed. That lawsuit was dropped as well, according to the Palm Beach Post.

A sexual harassment lawsuit brought by former leasing agent Karla Sotomayor in 2014 was also voluntarily dismissed under a joint stipulation between Sotomayor and the Batmasians. Details of the agreement are unknown.

On Tuesday, Boca Raton Mayor Susan Haynie was charged with a slew of misconduct and corruption charges for alleged financial ties to the wealthy developers.

The Batmasians are the largest private owners of commercial property in downtown Boca Raton, according to the Palm Beach Post. In 2008, Batmasian pleaded guilty for failing to pay more than $250,500 in federal withholding income tax for employees of his company. [Palm Beach Post] – Amanda Rabines


Related Articles

arrow_forward_ios
From left: Monroe Capital’s Theodore Koenig, Steve Witkoff, HFZ's Ziel Feldman and Benny Shabtai with the Shore Club (Monroe, Witkoff, HFZ, Getty)
Judge awards $5M to Israeli mogul in HFZ lawsuit over failed Shore Club project in Miami Beach
Judge awards $5M to Israeli mogul in HFZ lawsuit over failed Shore Club project in Miami Beach
Carillon Miami Wellness Resort at 6801 Collins Avenue in Miami Beach (Google Maps, Getty)
Z Capital loses attempt to slap Miami Beach condo owners with $8M assessment
Z Capital loses attempt to slap Miami Beach condo owners with $8M assessment
From left: MHCommercial Real Estate Fund II's Jordan Paul, Dung Lam and Neil Merin along with the Yamato Office Center in Boca Raton and the Bridge Point Powerline Road in Pompano Beach (NAI Global, LoopNet, Getty Images)
Lease roundup: FirstService leases in Boca, PlantLab in Pompano Beach
Lease roundup: FirstService leases in Boca, PlantLab in Pompano Beach
Domenic Gatto and Banyan Cay Resort and Club (Linkedin, Banyan Cay, Illustration by The Real Deal with Getty)
Developers of troubled West Palm resort project facing $61M foreclosure
Developers of troubled West Palm resort project facing $61M foreclosure
KAR Properties' Shahab Karmely and  Suffolk Construction's  Peter Tuffo with 2000 Ocean  (Suffolk, KAR, Getty)
Suffolk sues for $16M, alleging unpaid work at Shahab Karmely’s Hallandale Beach condo project
Suffolk sues for $16M, alleging unpaid work at Shahab Karmely’s Hallandale Beach condo project
From left: Witkoff’s Steve Witkoff and Monroe Capital’s Theodore Koenig with the Shore Club
Witkoff, Monroe sued over alleged “crooked and secretive land grab” of Shore Club in South Beach
Witkoff, Monroe sued over alleged “crooked and secretive land grab” of Shore Club in South Beach
Adeena Weiss Ortiz and map view of 4865 Northwest 7th Street in Miami (WeissOrtiz Law, Google Maps)
Caroline Weiss locked in legal conflict with daughter over $21M loan tied to massive Blue Lagoon development
Caroline Weiss locked in legal conflict with daughter over $21M loan tied to massive Blue Lagoon development
Miami-Dade County Mayor Daniella Levine Cava, Attorney
Miami-Dade may help renters in eviction court secure attorneys
Miami-Dade may help renters in eviction court secure attorneys
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...