New Lawsuit: Revival of Ultra-Luxury Supercar Brand De Tomaso Undone by Fraudulent Scheme
NEW YORK, May 24, 2023 /PRNewswire/ -- A new lawsuit filed today in New York federal court against defendants De Tomaso Automobili Holdings N.A. LLC, its majority shareholder, Sung-Fung "Norman" Choi, and others, will reverberate loudly across the world of limited edition, exclusive, multi-million-dollar supercars. Plaintiff Ryan Berris, represented by Boies Schiller Flexner LLP, alleges that although he was enlisted by Choi to help return the De Tomaso brand to its glory days as a prominent luxury manufacturer, he was ultimately deceived by Choi and forced out of his role as co-owner, CEO, and CMO, so that Choi could lay the groundwork for a fraudulent scheme.
- LLC, its majority shareholder, Sung-Fung "Norman" Choi, and others, will reverberate loudly across the world of limited edition, exclusive, multi-million-dollar supercars.
- The revival of De Tomaso as a world-class luxury automobile manufacturer is one of the most remarkable stories of the past decade in the elite sports car industry.
- "I dedicated my life to reviving De Tomaso, building one of the world's timeless supercars and providing opportunities for others," said Berris.
- This lawsuit is Berris's stand to shine a light on Choi's deception and protect the De Tomaso brand and its customers.