Medtronic Inc | Law Firm Newswire

Austin, TX (Law Firm Newswire) September 20, 2013 – A well-known Texas investor and philanthropist has been sued in an investment dispute. Ted Skokos is accused of breach of contract, fraud and breach of fiduciary duty in the lawsuit filed by Arthur Abbey. The lawsuit claims that in 2005 Abbey made a $4 million investment in 3F Therapeutics, a medical device company founded by Skokos, with the parties agreeing that Skokos would get 20 percent of profits after Abbey received capital from his investment. The complaint alleges that profits were taken out before Abbey was paid back. “An investment deal […]

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