
Collateral damage: Other Eliason investors seek justice
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Collateral damage: Other Eliason investors seek justice
When St. Germain businessmen Brian E. and David J. Eliason's financial enterprise imploded in June 2010 with the closure of Eliason Inc., a number of investors in the company - it had nearly 600 stakeholders according to a Lakeland Times article published at the time - lost money. Of those investors, only 19 were involved in the deals that would eventually lead the state to charge each brother with 10 counts of securities fraud related to conduct prosecutors say took place in the fall of 2009. (subscriber access)