According to a lawsuit filed in Harris County, Texas, Alison Altenberg has been sued for intentionally defrauding HOMF II Investment Corp.
By way of background, HOMF II invested in a fund to finance renewable energy development projects. These projects were to be selected by the Fund’s managing member, Joaquin Altenberg (Alison’s husband).
Instead of abiding by the purpose of the fund, the lawsuit alleges that Alison Altenberg intentionally defrauded the fund in part by accepting an “Office Manager” role that paid her a high 5-figure salary for duties that she ultimately never performed. The lawsuit alleges that Mrs. Altenberg had no previous experience to qualify for the role of “Office Manager” of a company that had a singular goal to seek and assess solar energy investment opportunities to present to HOMF II fund for approval.
