Class Certified in MRT Holdings Securities Litigation

On October 24, the US District Court for the Southern District of Florida certified a class in the securities litigation against MRT Holdings.  The class certified consists of an estimated 600-1,200 investors and is defined as “all purchasers of investment contracts with MRT, LLC or MRT Holdings, LLC  who purchased said investment contracts from March 1, 2006  through Oct 5, 2007.”

The court appointed Fort Lauderdale-based Sonn & Erez, PLC as lead counsel.

Read the Order Granting Motion for Class Certification

3 Comments

  • Larry Epler
    Posted April 2, 2009, 5:04 pm 5:04 pm 0Likes

    Yes I was one of the several people in the Fayetteville, North Carolina area in 2006 and 2007 who was schemed, or ponzi schemed of alot of money!I lost approximately $10,000.00 to acting MRT representative Jim Clemmons,( of Florida) and Mark Manuel of (Tennessee) I would appreciate updates to this litigation in the near future!
    Thank You!
    Larry Epler

  • Amy
    Posted April 30, 2009, 11:14 am 11:14 am 0Likes

    We were suckered by James as well! Only for much worse…just under 100K! I wonder if we can take advantage of the new tax “safe harbor” law to write off the loss due to the Madoff case.

  • donald trbovich
    Posted July 31, 2009, 7:28 pm 7:28 pm 0Likes

    I am a recent disabled veteran of the U.S. navy. I had my left leg amputated on active duty not long ago. I am medically retired now, and on a limited income. I was referred to MRT by a friend that was doing extremely well with them, and he is a Vietnam Vet I met at a veteran benefit function, and has always looked out for me. I received an inheritance from my Aunt, and invested 20,000 dollars in MRT holdings. I found out the company couldn’t support itself after about a year, and I tried to make a few withdrawls, and they promised me to give me some money i needed to visit my mother up North, and even called me promising payment when they found out my medical status, but it never came. I am doing very bad right now with a car and motorcycle payment, and mortgage and bills. Do you know if we are going to see any of our money? I’ve had quite a few friends lose money in MRT, and I can barely afford to pay my bills. Atleast with my interest i could have paid off my truck and bike. Can you give me any information update on this? Thank you for your time, and God bless…

    Very Respectfully, Donald P. Trbovich
    MRT 99 is my #

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