Updated: December 17, 2008
INVESTORS BEWARE!
投资者当心!
This website was created to consolidate public information from court records and the press to make it easier for investors and business partners to learn more about Jay Rothstein, the father of Kyle Rothstein, before deciding whether or not to invest their time, money and reputation in associating themselves with Jay Rothstein or any of his ventures.
What you choose to do with this information is up to you. We hope you choose wisely.
Below is a summary:
- 10 confirmed lawsuits filed against Jay Rothstein, China Venture Films and/or China Venture Advisors in the U.S. and China.
- 1 pending lawsuit filed in China by Milk & Fashion investor against Jay Rothstein and/or China Venture Films.
- 1 pending lawsuit filed in China against different Milk & Fashion investor by Jay Rothstein and/or China Venture Films.
- 4 different investors in Milk & Fashion have filed lawsuits in the U.S. or China against Jay Rothstein and/or China Venture Films.
- 1 personal bankruptcy filing by Jay Rothstein in the U.S.
- Denied admission to practice law in the U.S. 3 times.
- Multiple delinquent, charged-off and collection actions filed against Jay Rothstein's U.S. accounts.
- 2 personal guarantees and promissory notes by Jay Rothstein to fully repay investors he failed to honor.
- US$38,000 in U.S. government tax liens filed against Jay Rothstein.
- US$315,000 in U.S. court judgments and sanctions awarded against Jay Rothstein in 2007.
- US$185,000 in damages in current U.S. lawsuits filed against Jay Rothstein in 2008.
- US$4,000 in Shanghai court judgments awarded against Jay Rothstein in 2008.
- US$0 - the amount of money investors have received from Jay Rothstein.
- December 11, 2008 online post by John Cote of the San Francisco Chronicle states "Since [the August 28] story ran, we've been in touch with former Rothstein associates from New York to Shanghai who say he owes them money."
http://www.sfgate.com/cgi-bin/blogs/sfgate/detail?blogid=55&entry_id=33478
- 1989: U.S. Ninth Circuit Court of Appeals declares Jay Rothstein's license to practice law in the Trust Territories of the Pacific Islands does not qualify him to practice before the U.S. Court of Appeals for the Ninth Circuit or the U.S. District Court for the Northern District of California.
- 1991: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein for money claims.
- 1992: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein for money claims.
- 1993: U.S. Court of Federal Claims denies Jay Rothstein's admission to practice before the U.S. Court of Federal Claims.
- 1993: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein.
- 1994: U.S. Federal Circuit Court of Appeals reaffirms U.S. Court of Federal Claims' 1993 denial of Jay Rothstein's admission to practice before the U.S. Court of Federal Claims.
- 1994: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein.
- 1995: Jay Rothstein files for U.S. Chapter 7 personal bankruptcy protection. Discharged in 1996.
- 2000: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein and China Venture Advisors for debt payment arrears.
- 2001: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein for vehicle-related personal injury and property damage.
- 2006: Lawsuit filed in Shanghai Pudong District Court against Jay Rothstein by former employee for breach of contract and unpaid wages.
- 2006: California State Tax Lien filed against Jay Rothstein for US$4,506.
- 2006: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein and China Venture Films by investors for fraud, deceit, negligent misrepresentation, and breach of contract, among other claims.
- 2007: Shanghai Pudong District Court rules against Jay Rothstein in 2006 Shanghai lawsuit and awards US$4,000 in damages against Jay Rothstein. Jay Rothstein appeals.
- 2007: California State Tax Lien filed against Jay Rothstein for US$7,358.
- 2007: U.S. Internal Revenue Service Federal Tax Lien filed against Jay Rothstein for US$26,223.
- 2007: U.S. court awards default judgment for 2006 lawsuit against Jay Rothstein and China Venture Films for US$310,404.54 plus interest.
- 2007: U.S. court denies Jay Rothstein's 3 motions to vacate the 2007 judgment against him. Judge awards sanctions of US$4,200 against Jay Rothstein and his counsel George M. Rush for wasting the court's time.
- 2008: Lawsuit filed in U.S. San Francisco Superior Court against Jay Rothstein and China Venture Films by investor for fraud, deceit and concealment, negligent misrepresentation, and breach of contract, among other claims.
- 2008: After several years of lies, deception and self-inflicted delays, Milk & Fashion, Jay Rothstein's first attempt at producing a movie, fails to attract meaningful #s of moviegoers in Shanghai theatres.
- 2008: Shanghai Superior Court rules against Jay Rothstein's appeal of 2007 judgment against him by Shanghai Pudong District Court. Same court awards US$4,000 in damages against Jay Rothstein.
- Lawsuit filed in Shanghai court against Jay Rothstein and China Venture Films for breach of contract and non-payment of fees by restaurant used as a venue for filming of Milk & Fashion. Case is currently in the Shanghai courts.
Anyone else see a pattern here?
The time has come to shine the light on Jay Rothstein's questionable ethics and behavior.
For more details please follow the "Navigation" links on the left.
Feel free to email us at JRtheDefendant@gmail.com and share your experiences. Thank you to everyone who has been sharing their information with us.
This website is brought to you by Caveat Investor, a non-profit group dedicated to protecting investors by shining the light on the modern day snake oil salesmen of this world before they have the chance to deceive somebody new.
 |
| Visitor Count |
 |
| Page Views | | |
|