Thomas v. Othman

Citations

• 2017 Ohio 8449
• 99 N.E.3d 1189

Syllabus

COLLATERAL ATTACK: The collateral-attack doctrine barred the granting of equitable relief in a separate lawsuit for two net losers in a Ponzi scheme to recover money invested in the scheme from two other net-loser victims of the scheme based on claims of fraudulent transfer and unjust enrichment: all parties were members of the class of plaintiff net losers who had recovered a percentage of their losses based on a pro rata formula applied to each parties' previously determined losses in class-action cases, and the plaintiffs had accepted the pro rata distributions that settled the class-action cases despite knowing of their purported claims against the two other net losers.