Blecher & Collins, P.C. Retained by Veltex Corp. in Suit Alleging Damages in Excess of $33 Million

Veltex Corporation announced today it has retained the services of Blecher & Collins, P.C to begin prosecuting claims against former officers and directors, law firms, accounting and bookkeeping firms, transfer agents and banks, and to investigate and pursue potential claims against Wells Fargo and the Habib Bank.

Alleged damages to Veltex Corporation are estimated in excess of 33 million dollars.

Veltex Corporation provides apparel and textile products to the world with a focus on the lowest possible prices and fastest delivery times.

Blecher & Collins is widely recognized as one of the few “go to” law firms for complex business and commercial litigation. Decades of experience have resulted in hundreds of favorable client outcomes and numerous groundbreaking cases in state and federal trial and appellate courts, and before administrative tribunals.

The boutique Los Angeles-based firm is built to handle complex litigation. Representing a range of clients from entrepreneurs to major corporations, the firm handles matters for plaintiffs, defendants and other parties involved in complex commercial disputes throughout California, and in jurisdictions across the United States.