Brink's Inc. Sued for Alleged Fraud and Theft of Funds.Business Editors/Legal Writers LOS ANGELES--(BUSINESS WIRE)--April 9, 2001 Gardena, Calif.-based Consolidated Smart Systems, which owns and operates washers, dryers, and public payphones in multi-dwelling apartment units, commercial properties, and schools throughout Southern California Southern California, also colloquially known as SoCal, is the southern portion of the U.S. state of California. Centered on the cities of Los Angeles and San Diego, Southern California is home to nearly 24 million people and is the nation's second most populated region, , has filed suit against Brink's Inc., one of the country's most reputable armored car and guard services. Represented by the tenth largest law firm in the country, Fulbright & Jaworski L.L.P., Consolidated has sued Brink's for fraud and breach of contract for alleged theft of funds. The case against Brink's focuses on Consolidated's contract with Brink's to provide armored car services to safely deliver coins and currency from Consolidated's Gardena facility and transport it to ultimately be credited to Consolidated's bank account. According to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the lawsuit, investigations conducted by both parties have revealed that Brink's employees assigned to Consolidated's route were actually stealing Consolidated's money instead of properly depositing the funds to Consolidated's bank account. As a result, the lawsuit alleges, Brink's was deceptively and deliberately crediting Consolidated's bank account with far less money than Consolidated was giving to Brink's for delivery to its banks. In addition, the lawsuit alleges that Brink's failed to provide a device sufficient to securely seal the shipment of money or to reveal evidence of tampering by its employees. Consolidated has advised Brink's that it owes Consolidated the amount of approximately $700,000 plus interest and costs incurred by Consolidated to conduct its audits and investigation. To date, Brink's has refused to compensate Consolidated for the total loss. "The thefts have had a serious impact on our company, but we're doing all we can to recoup our losses and bring the culprits to justice," said Glenn S. Corey, Consolidated's chief financial officer. Corey said that the Financial Crimes Division of the Los Angeles Police Department "LAPD" and "L.A.P.D." redirect here. For other uses, see LAPD (disambiguation).  This article or section is written like an . has been brought in to investigate the thefts. "Frankly, we suspect that these dishonest Brink's employees may have victimized other Brink's customers," Corey added. "Consolidated is a relatively small company in good standing with the local community. They turned to a reputable company like Brink's, who prides itself on its image as a provider of security, to protect their property. We strongly believe Brink's abused that position of trust, and Consolidated unfortunately had to proceed to litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. to be made whole," commented Consolidated's attorney, Mitchell L. Norton, Esq., of Fulbright & Jaworski's Los Angeles Los Angeles (lôs ăn`jələs, lŏs, ăn`jəlēz'), city (1990 pop. 3,485,398), seat of Los Angeles co., S Calif.; inc. 1850. Office. Founded in 1956, Consolidated is located in Gardena, Consolidated enters into long-term contracts with the owners of commercial properties to install and operate washers, dryers and public payphones. These locations are concentrated in the Greater Southern California region. Fulbright & Jaworski L.L.P., founded in 1919, is an international full-service law firm. With approximately 729 attorneys, Fulbright & Jaworski is one of the 10 largest law firms This list of the world's largest law firms by revenue is taken from The Lawyer and The American Lawyer and is ordered by 2006 revenue:[1]
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of , Washington, D.C., Minneapolis, Hong Kong Hong Kong (hŏng kŏng), Mandarin Xianggang, special administrative region of China, formerly a British crown colony (2005 est. pop. 6,899,000), land area 422 sq mi (1,092 sq km), adjacent to Guangdong prov. and London. The firm's comprehensive practice covers the widest possible range of legal matters, from local litigation to complex international transactions. |
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