Sun Valley Group, which has been waiting nearly a year for the state to renew its license, petitioned the court Monday to transfer more than 80 cases to a new firm before it ceases operation on Feb. 28.Owner Peter Frenette would not say why he made the decision to close after 15 years in business or speculate on whether the state's license delay was a factor.
"It's not something that I wanted to do," Frenette told The Arizona Republic. "The reasons for it are numerous."
Frenette said Sun Valley Group has improved the quality of life for more than 620 adults since opening in 1995.
The company has been a focus of an ongoing Republic investigation of Maricopa County Probate Court that found some fiduciaries and their lawyers charged fees that drained the life savings of clients. Judges charged with overseeing these cases rarely stepped in to limit or reduce fees, even when vulnerable adults ended up on state assistance programs.
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Major Fiduciary Firm is Going Out of Business
9 comments:
Guess what Frenette,it's something the entire world wanted you to do!
When will the criminal charges be announced?
I can't wait to see this man in orange!
CROOKs!
Now, when will the feds haul them in and charge them with a long list of crimes?
I hope this is just the beginning. Sun Valley Group needs to be sued with the same frenzy they bled innocent people's estates!
The sunshine of media attention strikes again!!!!
Bye bye and good riddins! And if the next one is like SVG, bye bye to that one too.
If his mother is alive today, I am sure she feels the shame.
If he has children, I feel sorry for them,because they are innocent, and now the whole world knows their parents made their living like vultures.
Terrible people getting what they deserve! I'm glad this is public information.
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