Popular on eTradeWire
- enCloud9 Partners with ClickDimensions to Launch PowerPack, Revolutionizing Sales and Marketing for SMBs - 256
- Gravic, Inc. is Pleased to Announce the General Availability of HPE NonStop Shadowbase Version 6.801 - 235
- 2019 Hyundai Sonata for Sale in The Heart of Toronto - 233
- Community Comes Together for Unforgettable Back-to-School Bash at The CENTER @Joshua Home - 227
- BOWA Gives Girls' Invite track and field competition to be held in Chicago's Pullman neighborhood - 219
- Greater Fort Myers Chamber's Nov. 14 luncheon to celebrate Leadership Fort Myers 2023 graduates - 208
- Atlanta's most famous rug store founder advocates a hands-on-approach to rug shopping - 178
- Amazing Public Art Sculpture Created From Found Objects - 154
- Instantly Boost Your Website Organic Traffic with Premium Websites - 154
- JS Fun Event Hire Supplies Custom Cash Grabber for Pringles' Movember - 152
Similar on eTradeWire
- L-Tron to Attend Fire Chief Association (IAFC)Technology Summit International
- Firefighters & EMS Fund 2022 Ballot Measure Results Recap
- Wohler makes the Evertz Quartz Protocol available for their iAM-SUM audio monitors & iVAM-SUM AV monitors
- Earley Calls for Debt Commission
- Should There Be A Maximum Age Restriction For The Public Office of United States Executive Chairman?
- Tone Commander Phones Now Certified for Interoperability with Zoom for Government
- Iconic buildings and landmarks across Canada Go Blue, highlighting antimicrobial resistance risks and need for action
- Earley Sharply Rebukes Manchin for Trump Comment
- Patriot Urgent Care Opens Much Needed Urgent Care Clinic in Fort Washington
- NANSS Project Initiates Development of a Population Behavioral Health Monitoring System for San Diego County, California
Vivera Prevails in Litigation Against Former Los Angeles Commissioner Pedram Salimpour
eTradeWire News/10746487
Litigation involving Pedram Salimpour dismissed, leaving Salimpour with nothing by way of settlement
NEWPORT BEACH, Calif. - eTradeWire -- In the extortive 2020 lawsuit filed by Salimpour and his now-disbarred attorney, Thomas Girardi, Salimpour alleged he was an employee of Vivera, owed over $7.5 million in salary, and entitled to 5% ownership in the Company. The lawsuit was filed weeks before Girardi's behavior came to light in a federal fraud indictment. Salimpour, who has never been a Vivera employee, filed it intending to disrupt Vivera's business.
The lawsuit alleged that Salimpour acted as CEO of Vivera between 2017 and 2018, among other blatantly false statements designed to defame Vivera under the protection of so-called "litigation privilege." After being notified by the Los Angeles Police Protective League, the police union representing the LAPD, Vivera discovered Salimpour failed to disclose any such interest in Vivera in the legally mandated Form 700 disclosures required by all those serving in public office or adjacent positions.
"I am disgusted that Pedram tried to defraud Vivera shareholders and employees. What came to light during this experience is that we had other advisors, some actively doing business with Pedram, working against the best interests of Vivera as well. Several former Vivera advisors simultaneously worked with both Pedram and Vivera, even amid the false nature of his statements," stated Paul Edalat, Chairman, Founder, and CEO of Vivera. He further stated, "I will always defend Vivera, its shareholders, and its employees from outside attacks, including fraudulent lawsuits designed to hurt our hardworking team. Our company is on a mission to impact patient lives, and we will not be distracted. It's a shame that lawyers like Girardi can publish lies and get away with it."
More on eTradeWire News
Edalat added, "I want to thank not only our attorneys, specifically Candice Bryner and her team, who so vigorously defended us, but the detectives that contacted us with the information that Pedram had failed to disclose Vivera on his mandatory filings really tipped the scales of justice the right way. We were later contacted by multiple local and federal agencies about Pedram, which was truly shocking."
Girardi, Salimpour's former attorney and a long-time financial supporter of Villaraigosa (https://www.opensecrets.org/search?order=asc&q=thomas+girardi&sort=A&type=donors), still faces federal fraud crime charges. Vivera is pursuing its case against Girardi and looking into any bad acts committed by its former advisors.
Until 2022, Salimpour served as a commissioner for the multi-billion-dollar Los Angeles Fire and Police Pension and was required to disclose all business interests. It later came to light via an exposé in the Los Angeles Daily News (https://www.dailynews.com/2021/11/14/emails-show-la-commissioner-used-influence-to-help-win-3-million-covid-19-contract-union-alleges/) that Salimpour had acted to obtain a City of Los Angeles COVID-19 contract for his own company, PPS Health Bluestone Safe, requiring city employees to pay for testing, and outsourcing the testing to an out-of-state third-party laboratory.
More on eTradeWire News
The lawsuit alleged that Salimpour acted as CEO of Vivera between 2017 and 2018, among other blatantly false statements designed to defame Vivera under the protection of so-called "litigation privilege." After being notified by the Los Angeles Police Protective League, the police union representing the LAPD, Vivera discovered Salimpour failed to disclose any such interest in Vivera in the legally mandated Form 700 disclosures required by all those serving in public office or adjacent positions.
"I am disgusted that Pedram tried to defraud Vivera shareholders and employees. What came to light during this experience is that we had other advisors, some actively doing business with Pedram, working against the best interests of Vivera as well. Several former Vivera advisors simultaneously worked with both Pedram and Vivera, even amid the false nature of his statements," stated Paul Edalat, Chairman, Founder, and CEO of Vivera. He further stated, "I will always defend Vivera, its shareholders, and its employees from outside attacks, including fraudulent lawsuits designed to hurt our hardworking team. Our company is on a mission to impact patient lives, and we will not be distracted. It's a shame that lawyers like Girardi can publish lies and get away with it."
More on eTradeWire News
- What To Inspect When Buying A Used Car
- Who Has Been Distracted During Work or Athletics, from Debris falling Between the Shoe and Sock
- Exel Solar U.S. Emerges in response to Growing Solar Demand
- Revolutionizing sustainability with a plant-based gold leaching solution and technology to recover gold from ore while reducing environmental impact
- Local Microschool Wins National Recognition
Edalat added, "I want to thank not only our attorneys, specifically Candice Bryner and her team, who so vigorously defended us, but the detectives that contacted us with the information that Pedram had failed to disclose Vivera on his mandatory filings really tipped the scales of justice the right way. We were later contacted by multiple local and federal agencies about Pedram, which was truly shocking."
Girardi, Salimpour's former attorney and a long-time financial supporter of Villaraigosa (https://www.opensecrets.org/search?order=asc&q=thomas+girardi&sort=A&type=donors), still faces federal fraud crime charges. Vivera is pursuing its case against Girardi and looking into any bad acts committed by its former advisors.
Until 2022, Salimpour served as a commissioner for the multi-billion-dollar Los Angeles Fire and Police Pension and was required to disclose all business interests. It later came to light via an exposé in the Los Angeles Daily News (https://www.dailynews.com/2021/11/14/emails-show-la-commissioner-used-influence-to-help-win-3-million-covid-19-contract-union-alleges/) that Salimpour had acted to obtain a City of Los Angeles COVID-19 contract for his own company, PPS Health Bluestone Safe, requiring city employees to pay for testing, and outsourcing the testing to an out-of-state third-party laboratory.
More on eTradeWire News
- Best Freelance Copywriting Services
- "Street Fighter™ 6" Panel Announced for December 2nd at Los Angeles Comic Con; The Music of Street Fighter 6: A Special Look at the Video Game
- Industry Standard Warehouse Racking Melbourne - Outer Space Installs
- Merry Melrose at the Melrose Trading Post!
- After The Ink Dries - Will Savers Launches The First Physical Will & Trust Storage Service
Source: Vivera Pharmaceuticals
Filed Under: Government
0 Comments
Latest on eTradeWire News
- 16th Annual Friends and Family Sale announced by LabNaturals, retailer of CBD, non-toxic skincare, and glutathione, based in Western Pennsylvania
- Invenio IT unites with Field Effect to deliver powerful cybersecurity to the SMB
- Kaiser Consulting Awarded a #1 Spot in Central Ohio's 2023 Best Places to Work
- Unlock Healing Today and Put Trauma in Its Place!
- BYD | RIDE Supports Women in Transportation with $5,000 Build Your Dreams Scholarship
- London Bay Development Group presenting sponsor for Guadalupe Center's 'Elevate' gala
- Titan Pressure Washing Demonstrates the Difference Between a Pressure Wash and a Soft Wash on Tile Roofs
- New Book, "Drink Like a Local," Unlocks The Spirits and Secrets of New Orleans Drinking Culture
- Altercare Locations Earn U.S. News & World Report's Best Nursing Homes Award
- National Minority Health Association Launches "Equity for All."
- Final Week For Medicare Insurance Open Enrollment
- Michael Corso Honored for His Legacy of Service and Patriotism
- Fred Haas Toyota World Presents the Battle For The Billboard Tundra Edition
- 'Stranger Things' Star Joseph Quinn Added to FAN EXPO Portland Lineup
- Cecilia Russo Marketing Awards $15,000 of Grants to Three Georgia Small Businesses
- Holabird's Christmas Chronicles auction, Dec. 7-10, online and live in Reno, is packed with over 2,500 lots
- Klarinet Solutions Recognized as Staffbase's Rising Star of the Year
- L-Tron to Attend Fire Chief Association (IAFC)Technology Summit International
- Lanier Islands Invites Atlanta to Enjoy Dinner with Santa and More
- Why Should I Provide Credit Card Payment Solutions at My Business?