HOUSTON – A minority shareholder alleges money he loaned to a Spring corporation was not paid back in full.
John C. Crockett filed a complaint on Aug. 15 in the Harris County District Court against A & A GenPro Inc., Ashton Tennant and Andrew Spitzmueller alleging common law fraud, fraudulent inducement, breach of contract and other counts.
According to the complaint, the plaintiff is a minority shareholder of GenPro and owns a 25 percent interest. He alleges that between 2011 and 2014, he loaned to GenPro at least $353,589 to be used for specific purposes. He alleges he has not been paid in full.
The plaintiff holds A & A GenPro Inc., Tennant and Spitzmueller responsible because defendants Tennant and Spitzmueller allegedly used the funds for personal expenses and unrelated to GenPro's business operations and failed to repay the balance.
The plaintiff requests a trial by jury and seeks monetary relief of more than $200,000 but not more than $1 million and all other lawful and equitable relief. He is represented by Craig Welscher and Nicholas T. Martinez of The Wechsler Law Firm in Houston.
Harris County District Court case number 2017-54278