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Follow on Google News | Vivera Prevails in Litigation Against Former Los Angeles Commissioner Pedram SalimpourLitigation involving Pedram Salimpour dismissed, leaving Salimpour with nothing by way of settlement
The lawsuit alleged that Salimpour acted as CEO of Vivera between 2017 and 2018, among other blatantly false statements designed to defame Vivera under the protection of so-called "litigation privilege." After being notified by the Los Angeles Police Protective League, the police union representing the LAPD, Vivera discovered Salimpour failed to disclose any such interest in Vivera in the legally mandated Form 700 disclosures required by all those serving in public office or adjacent positions. "I am disgusted that Pedram tried to defraud Vivera shareholders and employees. What came to light during this experience is that we had other advisors, some actively doing business with Pedram, working against the best interests of Vivera as well. Several former Vivera advisors simultaneously worked with both Pedram and Vivera, even amid the false nature of his statements," Edalat added, "I want to thank not only our attorneys, specifically Candice Bryner and her team, who so vigorously defended us, but the detectives that contacted us with the information that Pedram had failed to disclose Vivera on his mandatory filings really tipped the scales of justice the right way. We were later contacted by multiple local and federal agencies about Pedram, which was truly shocking." Girardi, Salimpour's former attorney and a long-time financial supporter of Villaraigosa (https://www.opensecrets.org/ Until 2022, Salimpour served as a commissioner for the multi-billion- End
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