Lancer Offshore Latest: Two new lawsuits, plus summary judgment motion against Michael Lauer
The Receiver for the Lancer Offshore Group has filed two new complaints against recipients of money transfers that were made while the failed hedge fund group was insolvent. In one case, the defendants are Redwood Financial Group Inc., The Redwood Group Inc., both of Redwood Drive, Westminster, Maryland; Robert D. Maum, of Cowdray Park Drive, Greenwich, Connecticut; and James W. Raker, of Wynfield Road, West Friendship, Maryland. In the other action, the defendants are attorney Kenneth E. Chyten and the Law Offices of Kenneth E. Chyten, both of Santa Monica Boulevard, Los Angeles, California.