Settlement in Lawsuit Against Biden Family Members
Posted: Wednesday, January 14th, 2009 at 2:00 pm
A lawsuit that had been filed against two family members of Vice President-elect Joe Biden has been settled, according to recent reports. The lawsuit had been filed against Biden’s youngest son and his brother, who were accused of cheating a business partner out of money in the lawsuit.
The lawsuit had been filed last month in New York state court, and was filed against Biden’s son, Hunter Biden, and his brother, James Biden. However, an attorney has now confirmed that the lawsuit has been settled out of court.
An attorney working on behalf of the Bidens stated that the terms of the settlement would remain confidential, although the report claims that the Bidens have not admitted to doing anything wrong. The lawsuit had been filed by Anthony Lotito Jr, who said that the two tried to cheat him out of money in a business negotiation,
A separate lawsuit has been filed by an investor, Stephane Farouze, who has names both Bidens and Mr Lotito has defendants in the case, claiming that the defendants acted fraudulently in their business dealings.
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