Native Americans,
Civil Litigation
Feb. 6, 2020
Indian tribe invokes sovereign immunity in complaint against financial advisor
The immunity claim against counterclaims filed by the Picayune Rancheria of the Chukchansi Indians on Tuesday in the Eastern District of California could complicate matters for defendant Goldenwise Capital Management.
A California Indian tribe involved in the gambling industry has sued its financial advisor for losing $1.3 million after a series of poor investments in a complaint invoking sovereign immunity against any potential counterclaims.
The immunity claim by the Picayune Rancheria of the Chukchansi Indians in their complaint filed Tuesday in the Eastern District of California could complicate matters for defendant Goldenwise Capital Mana...
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