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Court order needed to stop Pa. center utilities
Legal Focuses |
2014/01/02 15:01
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A judge says a court order is needed to shut off lights and other utilities at Pittsburgh's struggling August Wilson Center for African American Culture.
Allegheny County Judge Lawrence O'Toole on Monday approved an order sought by the center's court-appointed conservator to keep the downtown facility running.
The ruling covers water and electricity as well as sewage treatment, telephone and Internet services.
An attorney for Duquesne Light said the center owes the electric company $38,000 and is running bills of $10,000 a month.
The center, which opened in 2009, is named after late Pulitzer prize-winning playwright August Wilson, who was born in Pittsburgh.
Dollar Bank began foreclosure proceedings in September after the center defaulted on its $7 million mortgage. |
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Investment Fraud Litigation |
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Securities fraud, also known as stock fraud and investment fraud, is a practice that induces investors to make purchase or sale decisions on the basis of false information, frequently resulting in losses, in violation of the securities laws. Securities Arbitration. Generally speaking, securities fraud consists of deceptive practices in the stock and commodity markets, and occurs when investors are enticed to part with their money based on untrue statements.
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