WJB Capital Group Sued in New York State for Alleged Fraud

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WJB Capital Group Inc., the Wall Street firm that said it shut down its brokerage operations, was sued in New York over an alleged fraud.

WJB Capital and its chief executive officer, Craig Rothfeld, were accused of fraud and breach of contract by an individual who said he made a $250,000 investment in the company, according to a complaint filed Dec. 31 in New York State Supreme Court in Manhattan.