West Virginia Record

Friday, July 19, 2019

Putnam Co. investor alleges she was not repaid her $100,000 by OODA

State Court

By Carrie Bradon | Jul 2, 2019


CHARLESTON – A Scott Depot woman alleges she invested $100,000 in an investment agreement with a limited liability company and that she was not repaid.

Grace Randolph filed a complaint in Kanawha County Circuit Court against OODA LLC alleging breach of contract, fraudulent inducement and other counts.

The suit states that OODA approached the plaintiff in 2012 with a real estate business opportunity. She alleges she was promised a fixed return on her investment and an opportunity to obtain an ownership interest in the company, and that she would be repaid at the end of four years. The suit states she entered into a written investment agreement in August 2012 and paid $100,000.

The plaintiff alleges OODA has not repaid her investment, which is now worth $200,000, and the defendant refused to comply with its obligations under the agreement.

The plaintiff is seeking all reasonable sums due, attorney fees and court costs. The plaintiff is represented by Xavier W. Staggs and Michael A. Frye of Jenkins Fenstermaker PLLC in Huntington.

The case has been assigned to Judge Carrie Webster.

Kanawha Circuit Court case number 19-C-474

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