United American Corp. (UAMA)

[65actual]

Legal scholars predicted collapse of UAMA lawsuit.

Prepared by: UIC John Marshall Law School

https://repository.jmls.edu/cgi/viewcontent.cgi?article=1468&context=ripl

See Page 19 to see factual information on Benoit Laliberte and UAMA. Details convictions of Laliberte for stock fraud, market manipulation and deceiving investors.

Highly critical of the law suit labeling it FRIVOLOUS!

Apparently the Judge believes so as well and found it without merit.

Perhaps most appropriate a quote from this paper.

"Therefore, if no damages exist, this claim cannot possibly survive a motion to dismiss."