Current Litigations

At stake are losses originating from alleged misappropriation, negligence and fraudulent activities of the corporation’s prior management, accounting and legal professionals, among others. Litigation is ongoing in federal and in various state courts.

Veltex’s litigators are dedicated to the uncompromising, efficient and timely prosecution of our claims. There are no guarantees; however, favorable outcomes from these legal proceedings may position the company to explore benefits of tax credits, tax loss carry forwards, merger and / or acquisition examinations and redeployment of monetary rewards to shareholders of the corporation.

 

VELTEX CORPORATION VS. DEFENDANT

Final Judgment (PDF)
Filed 2012 Mar 26
Securities and Exchange Commission vs. Javeed A. Matin and Wilshire Equity, Inc.

Complaint for Violations of the Federal Securities Laws (PDF)
Filed 2010 Nov 01
Veltex Corporation vs. Defendants

First Amended Complaint for Damages and Equitable Relief (PDF)
Filed 2010 Jul 16
Veltex Corporation vs. Defendants

Complaint for Damages and Equitable Relief (PDF)
Filed 2010 Mar 10
United States of America Before the Securities and Exchange Commission In the matter of Mazar Ul Haque

Order instituting cease-and-desist proceedings pursuant to section 8A of the Securities Act of 1933, making findings, and imposing a cease-and-desist order (PDF)
United States Bankruptcy Court Central District of California

Complaint for: Nondischargeability of Debt Pursuant to 11 U.S.C. §523(a)(4) and 11 U.S.C. §423(a)(6) (PDF)
Filed 2009 Dec 29

 

PLANTIFF VS. JAVEED MATIN, SAASHA CAMPBELL AND MAZAR HAQUE

Order granting plaintiffs’ motion for preliminary injunction, denying motion to set aside entries of default and granting plaintiffs’ motion for reconsideration of defendants emergency motion for appointment of interim receiver amending the temporary restraining order (PDF)
Filed 2008 Aug 15


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