“Depositions are in” in the Calvert Six Funeral Director Lawsuit against the IFDA. The matter of the lawsuit against the Illinois Funeral Directors “misuse” or theft of almost 60 Million Dollars will soon be before a Court of Law.
“Wexler Wallace filed Plaintiffs’ Derivative Complaint on January 28, 2009. Defendants’ continue to deny responsibility and their responses to the Derivative Complaint are due on April 29, 2009.
Wexler Wallace has issued numerous third-party subpoenas, including a subpoena to U.S. Senator Roland Burris (D-IL) seeking documents relating to the Senator’s issuance of IFDA’s trustee license when he was Comptroller and the Senator’s lobbying activities on behalf of IFDA after he became aware of the Preneed Trust’s deficit. Wexler Wallace has also issued subpoenas to the Illinois Office of the Comptroller and the Illinois Banking Division of the Department of Financial and Professional Regulation, which are the Illinois governmental agencies charged with overseeing the Preneed Trust. Wexler Wallace has also subpoenaed the accounting firms that audited the Preneed Trust and other entities that are believed to have information relevant to the lawsuit”
So what does this mean for the IFDA and the Regulators in the State of Illinois? It means that these government leaders who were responsible for Regulation of the IFDA preneed Trust will have to explain themselves and give up information.
Specifically: United States Senator from ” ILLINOIS” Senator Roland Burris
State of Illinois Comptroller Dan Hynes.
Officers of the Banking Division of the Illinois Department of Regulation.
Accounting firms and other entities that have audited the IFDA Preneed Trust.
It is my contention that both sides area at fault in this situation for failure to do Due Diligence. Check it out
Funeral Industry|Funeral Blog by Your Funeral Guy
Burris wih ex Governor Blagovitch pic from flickr under the creative commons license from