Joaquin Altenberg first appeared in a Delaware Chancery Court on September 24th for a lawsuit brought by Plaintiffs HOMF II Investment Corp for fraud. Joaquin was found liable for $5,556,197 and was ordered to repay $1,721,259.90 in plaintiffs’ legal fees, plus $810.28 in daily interest based on the court’s finding of “egregious fraud and misrepresentation” and “serial misconduct” on Joaquin’s part.
Now Joaquin’s wife, Alison Altenberg, is to stand trial for her role in the alleged fraud. Alison is the daughter of professor Leonard E. Weisman, a West Point graduate and currently a professor at the Baylor College of Medicine.
The lawsuit alleges that Alison accepted an “office manager” role, where she intentionally defrauded the fund and was paid a high 5 figure salary for duties she allegedly never performed.
According to the lawsuit, Alison Altenberg never had the 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.
