Current Litigation

At stake are losses originating from alleged misappropriation, negligence and fraudulent activities of the corporation’s prior management, accounting and legal professionals, among others. Litigation is ongoing in federal and in various state courts.

Veltex’s litigators are dedicated to the uncompromising, efficient and timely prosecution of our claims. There are no guarantees; however, favorable outcomes from these legal proceedings may position the company to explore benefits of tax credits, tax loss carry forwards, merger and / or acquisition examinations and redeployment of monetary rewards to shareholders of the corporation.

VELTEX CORPORATION VS. DEFENDANT

Final Judgment (PDF)

Filed 2012 Mar 26
Securities and Exchange Commission vs. Javeed A. Matin and Wilshire Equity, Inc.

Complaint for Violations of the Federal Securities Laws (PDF)

Filed 2010 Nov 01
Veltex Corporation vs. Defendants

First Amended Compliant for Damages and Equitable Relief (PDF)

Filed 2010 Jul 16
Veltex Corporation vs. Defendants

Complaint for Damages and Equitable Relief (PDF)

Filed 2010 Mar 10
United States of America Before the Securities and Exchange Commission In the matter of Mazar Ul Haque

Order instituting cease-and-desist proceedings pursuant to section 8A of the Securities Act of 1933, making findings, and imposing a cease-and-desist order (PDF)

United States Bankruptcy Court
Central District of California

Complaint for: Nondischargeability of Debt Pursuant to 11 U.S.C. §523(a)(4) and 11 U.S.C. §423(a)(6) (PDF)

Filed 2009 Dec 29

PLANTIFF VS. JAVEED MATIN, SAASHA CAMPBELL AND MAZAR HAQUE

Order granting plaintiffs’ motion for preliminary injunction, denying motion to set aside entries of default and granting plaintiffs’ motion for reconsideration of defendants emergency motion for appointment of interim receiver amending the temporary restraining order (PDF)

Filed 2008 Aug 15

Target Markets

Use our wellness market expertise to carefully assess the real estate, Health Insurance Portability and Accountability Act (HIPAA), zoning and licensing, and other factors impacting these facilities.

Investor Relations

Ask us to determine whether you can leverage past favorable outcomes from legal proceedings to help hedge your investment.

Veltex Corporation
123 West Madison Street
Suite 1500
Chicago, IL 60602

investors@veltex.com

(312) 235-4014
(312) 277-6895 FAX

Veltex Corporation

Target Markets

About

Investor Relations

Disclaimer: This website does not constitute an offer to sell, a solicitation of an offer to buy, or a recommendation of any security or any other product or service by Veltex Corporation (“Veltex”) or any other third party regardless of whether such security, product or service is referenced in this brochure. Furthermore, nothing in this website is intended to provide tax, legal, or investment advice and nothing in this website should be construed as a recommendation to buy, sell, or hold any investment or security or to engage in any investment strategy or transaction. Veltex does not represent that the securities, products, or services discussed in this website are suitable for any particular investor. You are solely responsible for determining whether any investment, investment strategy, security or related transaction is appropriate for you based on your personal investment objectives, financial circumstances and risk tolerance. You should consult your business advisor, attorney, or tax and accounting advisor regarding your specific business, legal or tax situation.