Beverly Hills is the land of swimming pools and movie stars, and many Georgia residents are no doubt fans of the show “The Real Housewives of Beverly Hills,” along with many other of the country’s viewers. However, one of the stars of the show has recently been accused of an alleged breach of contract and fraudulent misrepresentation in relation to an investment deal. The supposed victim is asking for $53,000 plus damages.
Reportedly, Beverly Hills Housewife Dana Wilkey had entered into an investment deal with her fiancé, another unidentified man and the woman who is bringing the lawsuit. The woman claims that she invested with the others in an unnamed company to the tune of $53,000. She also claims that she was guaranteed a return of 10 percent on the investment.
Specifically, the woman is suing for breach of contract and fraudulent misrepresentation, and has filed the suit in a Los Angeles Superior Court. However, Wilkey’s fiancé has responded to the accusations, saying that he expects to gain dismissal of the suit. The fiancé also claimed that Wilkey was not a properly named defendant.
As the case winds its way through the court system, businesses in Georgia and elsewhere should take notes, as many have experienced the same issues. Although one would expect an investor to understand that there is never any guarantee of a return on their investment, this is not always the case. Breach of contract disputes are often merely ways for an unsatisfied investor to express their frustration, and the best way to respond to them is by aggressively pursuing every legal option possible. On the other hand, there are times when individuals are persuaded to invest by misrepresentation of material facts, and a court is often left to decide the merits of a particular claim.
Source: The Macon, “Beverly Hills Housewife Dana Wilkey, fiance John Flynn sued for alleged fraud,” Darren O, Nov. 14, 2011