Peiffer Wolf Investigating Salt Lake’s Marc Sessions Jenson for Allegedly Duping Investors
The Peiffer Wolf investment recovery lawyers are currently investigating Salt Lake’s Marc Session Jenson, and his brother Stephen R. Jenson, who are charged with multiple counts of alleged second-degree communications fraud, theft by deception and money laundering, according to Utah’s 3rd District Court.
The Brothers Jenson allegedly deceived investors into losing piles of cash in a $3.5 billion scheme to convert the former Elk Meadows ski area into a private resort called the Mount Holly Club in Beaver County, according to allegations in court documents currently being reviewed by attorneys James Booker and Joe Peiffer.
Marc Jenson Allegedly Failed to Mention to Clients His Broke, Convicted Federal Felon and Chapter 7 Statuses
Marc Jenson didn’t tell Colorado doctor and the states’s key witness, Dr. Jeffrey Donner and two others, Tracy Fox and Shaun Rothwell, that he was a convicted federal felon, faced state securities fraud and racketeering charges, had filed chapter 7 bankruptcy and that his company was broke, according to allegations in court documents currently under analysis by attorneys James Booker and Joe Peiffer.
Donner, according to Utah court records, reportedly testified that Marc Jenson told him the project was debt free and that there was no risk. In addition, the Jensons‘ exclusive 2,000 acre Tushar Mountain resort was supposedly to include 1,200 building lots starting at $1 million each, a Nicklaus-designed golf course, and a ski area managed by Olympic gold medalist Ted Ligety.
Stephen Jenson‘s attorney, Edward Stone, reportedly said Mount Holly crumbled because a firm called XE Capital didn’t meet its contractual obligation to provide $6 million to $7 million for the development.
Jenson is currently serving a 10-year prison sentence in an unrelated case.
Investment Recovery Lawyers Investigating
The Peiffer Wolf investment recovery attorneys often represent investors who lose money as a result of investment misconduct, and are currently investigating Marc Session Jenson, and his brother Stephen R. Jenson. They take most cases of this type on a contingency fee basis and advance the case costs, and only get paid for their fees and costs out of money they recover for their clients.
Any Investors who believe they lost money as a result of alleged misinformation committed by Marc Session Jenson, and his brother Stephen R. Jenson may contact the investment rights attorneys at Peiffer Wolf, James Booker or Joe Peiffer, for a free, no-obligation evaluation of their recovery options, at (216) 589-9280.