Thank you for supporting First Amendment Rights! This site has become a source of news and information for thousands of readers in over 74 countries.
THE WORST BUSINESS CEOS IN AMERICA
Mired in financial and legal trouble, Talos Partners CEO, Robert V. Brazell tops our list
NEWS TO HELP INVESTORS AVOID TAKING A BEATING
A copy of the original Order for Capias from Judge
TEXAS JUDGE ORDERS ROBERT BRAZELL BE JAILED AND SETS $250,000 CASH BOND
SEPTEMBER 27, 2013
A Texas judge ordered the arrest and incarceration of Robert V. Brazell today for failure to appear for a court ordered deposition, failure to provide court ordered financial information, and failure to pay sanctions totaling $6,875.
Rob Brazell was sued for breach of contract in Collin County, Texas, and failed to appear in court, resulting in a judgment against him of over $45,000. The plaintiff then sought to depose him regarding his assets, and sought discovery of in-depth financial information. He ignored the discovery and requests for information. Rob Brazell was then ordered by the court to appear and provide the information. He failed to obey the court's orders. Rob Brazell again was ordered to comply and sanctioned $6,875.00 for his conduct, and he ignored the court a second time. The court has now ordered he be arrested and brought to the Collin County Jail to await further action of the court. The court set a cash Bond of $250,000.
It is expected that Robert V. Brazell will be arrested as soon as he is found, then transferred to the Collin County Jail in Texas.
OCTOBER 7, 2013 Update
Satisfaction of Judgment
A "Satisfaction of Judgment" has been posted on the Collin County website in Case History. As of today at 10:00 am CST, there are no postings in regard to the status of the Capias (warrant) for Robert V. Brazell.
OCTOBER 10, 2013 Update
Rob Brazell Narrowly Avoids Arrest
Defendant (Robert Brazell) files a motion to Vacate and Dissolve the Capias.
It appears that Rob Brazell was able to avoid arrest and settle the case by paying the judgment and court costs. It is estimated that his actions cost him an additional $14,000 in fees, sanctions, and interest, not including his own attorney's fees.
Rob Brazell remains entangled in several other lawsuits including; an Investor Fraud law suit filed in Utah that includes former Senator Robert Kasten (and lists over 30 Plaintiffs), a Breach of Contract law suit filed in Dallas, and a Business Disparagement law suit filed in Collin County for launching websites with Von H. Whitby and Robert Pack attacking a Plaintiff in one of the law suits above.
Forbes says a CEO should above all protect investor share value
Robert V. Brazell tops our list of small business CEOs that fails time and again to provide returns, while living high off investor's money. Now mired in legal and financial trouble, the truth about Rob Brazell is finally reaching the market where potential investors can make better and more informed decisions before putting their money at risk.
COPYRIGHT 2014 WORST CEOS.COM ALL RIGHTS RESERVED. ALL INFORMATION IS THE EXPRESS OPINION OF WORST CEOS.COM UNLESS OTHERWISE NOTED.