Three former clients of Rubicon Asset Management have lodged complaints in Montgomery County Court.
Main Line investment manager accused of taking millions from clients for personal expenses, according to lawsuitsScott Mason and his wife, Lynne Nowadly Mason, in a photo the couple provided to illlustrate an article about his endowment of their hockey team coach's position. The couple attended Hobart, and Mason served as a trustee until stepping down earlier this summer.-based investment firm Rubicon Asset Management were fixtures in his comfortable communities.
— A complaint by Stanley E. Tulin, a former Equitable Financial actuary and executive who invested around $28 million with Scott’s firm, alleging fraud, conspiracy, unjust enrichment, and other counts. Mason also “fabricated” tax forms to cover his thefts, the suit alleges. Tulin realized the money went missing only after an FBI agent contacted him July 15, according to the suit.accusing Mason of breach of fiduciary duty, breach of contract, and other counts for removing $2.4 million from her Rubicon account without permission and putting it in his Orchard Park accounts. Sitron is represented by Blue Bell-based lawyer Benjamin R.
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