You are correct - anyone can be named in a lawsuit; however, if Izzy were not directly involved in MMTE during the time of the complaint he would not have been named - in essence it would be like naming me in the suit...I'm a shareholder but have no other involvement with the company so why should I be mentioned? If I were working hand-in-hand with MMTE in some fashion then obviously I would be named.
So for Izzy to be named in the lawsuit he had to be somehow directly involved with MMTE. For his name never to come up other than a 2009 loan to MMTE is very concerning - his name was never mentioned in anything regarding MMTE but is now involved in a lawsuit with Liebs/MMTE.
So yes this lawsuit is coming from Martinez (M&A Advisors based in FL/GA) but there is no specific mention of Overcash. See once again everyone assumes Overcash is connected but there is no factual evidence supporting this.
This same philosophy could apply to Izzy except Izzy IS currently listed in the lawsuit. So therefore, Izzy is more relevant than Overcash!
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