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Following his departure in December 2014, Valeo Financial Advisors, LLC filed a civil suit against Coates based on a contract that Valeo was unwilling to fully produce, but still claimed existed. After two years of endless procedural games by Andrew Hull, Valeo's attorney, he admitted to Coates that a full contract never existed. Hull then claimed to Coates, who was unable to afford an attorney, that Coates time to argue this to the court had expired. Hull as an attorney giving errant legal advice to Coates, the opposing party to Coates detriment, was a clear violation of Indiana Code of Professional Conduct Rule 4.3.
Further, the contract included as evidence in Valeo's Motion for Summary Judgement was forged, prepared by another attorney only two days prior to it being filed and more than two years after Coates had left Valeo. With this information all being withheld from the court final ruling was in favor of Valeo on all counts, awarding damages on 9/20/17 of $37,746.96 accruing at 8% interest per year. Additionally, the court awarded Hull's legal fees of $53,518.05 for representing Valeo against Coates.
Additional fraud and illegal actions including top Indiana court officials that prejudiced Coates right to a fair trial gave reasonable expectation of having the judgment overturned either on appeal, by investigation of the FBI or the Marion County Prosecutor (who were both offered proof including a hidden video of the meeting with Hull), or in Coates's consequent federal lawsuit against those who committed fraud (3:18-cv-00574). On March 28, 2019, Coates received by mail, a notice of dismissal from the N.D. Ind. court, that dismissed the entire matter never acknowledging the fraud proven in the Complaint and exhibits. While Coates believes this matter to be far from over and has no reason to expect this judgement to stand, at the point of this filing, the judgement is owed. As of 3/31/19, the balance due including interest is $60,317.41.
The injustice of an opposing party paying the legal fees for a lawyer while he violates the law to harm that opposing party is really impressive in scope, imagination and hubris. Coates was even made to pay for Hull to file a continuance for a personal vacation that he apparently forgot, for a trip during his wife's birthday and near their anniversary. Even more impressive is that Coates paid for the same procedural game by Hull in two different years over the same dates. Coates also paid for Hull's firm to research Valeo's liability for the crimes it committed against employees who did have an employment contract, with provisions that violate Indiana compensation law.
9/20/2017
Judgment / Lien
Judgment/Lien Amount
$37,476.96
Judgment/Lien Type
Civil
Broker Comment
Following his departure in December 2014, Valeo Financial Advisors, LLC filed a civil suit against Coates based on a contract that Valeo was unwilling to fully produce, but still claimed existed. After two years of endless procedural games by Andrew Hull, Valeo's attorney, he admitted to Coates that a full contract never existed. Hull then claimed to Coates, who was unable to afford an attorney, that Coates time to argue this to the court had expired. Hull as an attorney giving errant legal advice to Coates, the opposing party to Coates detriment, was a clear violation of Indiana Code of Professional Conduct Rule 4.3.
Further, the contract included as evidence in Valeo's Motion for Summary Judgement was forged, prepared by another attorney only two days prior to it being filed and more than two years after Coates had left Valeo. With this information all being withheld from the court final ruling was in favor of Valeo on all counts, awarding damages on 9/20/17 of $37,746.96 accruing at 8% interest per year.
Additional fraud and illegal actions including top Indiana court officials that prejudiced Coates right to a fair trial gave reasonable expectation of having the judgment overturned either on appeal, by investigation of the FBI or the Marion County Prosecutor (who were both offered proof including a hidden video of the meeting with Hull), or in Coates's consequent federal lawsuit against those who committed fraud (3:18-cv-00574). On March 28, 2019, Coates received by mail, a notice of dismissal from the N.D. Ind. court, that dismissed the entire matter never acknowledging the fraud proven in the Complaint and exhibits. While Coates believes this matter to be far from over and has no reason to expect this judgement to stand, at the point of this filing, the judgement is owed. As of 3/31/19, the balance due including interest is $42,238.33.
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Disclosures
Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.
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Disclosures can be customer complaints or arbitrations, regulatory actions, employment terminations, bankruptcy filings and certain civil or criminal proceedings that they were a part of.