Mason Wells Loses Suit to Consultant; Firm Must Pay Contract, Court Fees

Summary

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Mason Wells Inc., one of Wisconsin's largest investment firms, has lost a lawsuit to a consultant who claimed the firm unfairly blamed her for its problems in the venture capital business and shorted her $34,000 owed on her contract.

Mason Wells Biomedical Partners II LLC, an investment fund organized by Mason Wells, owes consultant Lynn Allen that amount, plus interest, her travel expenses and court costs, according to the ruling issued Friday by Milwaukee County Circuit Judge Christopher Foley.

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Mason Wells Loses Suit to Consultant; Firm Must Pay Contract, Court Fees

The fund hired Allen, of Louisville, Ky., in November 2006 through a three-month contract that paid $17,000 a month. She was fired after ...

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