Complaint Review: Franklin Green PLLC

I am the managing member of Franklin Green PLLC Attorneys here in Washington, DC. I am also a 10-year member in good-standing of the DC bar and native Washingtonian for almost twenty years.  My practice areas include, corporate law, securities law, business planning, M&A, private-equity, venture capital, and international business transactions. I spent five years at the U.S. Securities and Exchange Commissions Division of Corporate Finance Division, where I reviewed hundreds of IPOs, M&A and international transactions. After leaving the U.S. Securities & Exchange Commission and prior to launching my transactional boutique in 2008, I practiced corporate and securities law in the Washington offices of a top Amlaw 100 law firm and prior to that, at a regional Amlaw 200 law firm.  I am also a member of the DC Bars Corporate, Finance and Securities Law section and active volunteer of the DC Bars Community and Economic Development (CED) project where I counsel small business owners and entrepreneurs from disadvantaged parts of the city through the CEDs small business advice clinic.

The party behind this posting is Claude Lane, a disgruntled and purported commodities buyer, the latter of which proved to be materially misrepresented in a terminated transaction that I worked with him on. We have confirmed that Lane's full-time job is that of Internet marketerhttp://netmedianetworks.com/.  Lane's allegations are completely ludicrous. Upon further due diligence, we confirmed that not only was Lane not a qualified buyer, he had no money to complete the transaction and at the end of the day he was merely one of thousands of unsophisticated internet brokers who would not know a commoditity from a brick, let a lone be able to spell the word commodity. In addition, we believe that Lane has breached the confidentiality provisions of the transaction agreements for which, among other claims such as libel and slander, he will be prosecuted for damages. We hereby vehemently deny any and all allegations of any professional misconduct, specifically any attorney misconduct. Lanes sole allegations reflect some form of conspiracy theory that is completely unsubstantiated based on the rebutttals and clarifications of fact set forth below. This matter involves a commercial import-export contract dispute between buyer and seller, involving a transaction where the seller failed to perform the transaction.  At the end of the day, both parties failed to perform and now Lane who has been placed under duress by his associates is doing nothing more than what fits him, and that is engage in a fruitless and wasteful smear campaign to somehow discredit me and my practice. Due to pending litigation against Mr. Lane and in accordance with the rules of professional conduct no further details concerning this matter will be provided except in a court of competent jurisdiction or before an arbitration tribunal.

I strongly advise anyone not to engage Lane in any business transaction other than a friendly greeting. Lane is a unsophisticated "wanna-be" gold buyer with no history of transactions, credibility or even knowledge of the commodities industry. He is also irrational, a loose cannon and seems to be in many respects bipolar.