I am pleased to announce that we will be establishing a Litigation Fund on behalf of the victims of Michael Charles Financial and SurroGenesis. All donations to this fund will be used to offset the costs of litigation that will likely ensue as a result of the alleged fraudulent activities of Michael Charles Financial and SurroGenesis that has led to the embezzlement of more than $2,000,000.00 in trust funds on behalf of dozens of infertility patients, their surrogates and egg donors. The Texas law firm that many of the victims have contacted will need at least $50,000 to begin the prosecution of those culpable and we are hopeful that this Litigation Fund will go a long way to defraying the investigatory and litigation costs.
I am pleased to announce that Dr. David Smotrich of La Jolla IVF has generously stepped forward as the first donor with an initial contribution of $1,500.00. The Center For Surrogate Parenting has agreed to match Dr. Smotrich’s contribution and will contribute more as necessary. My law firm will also match Dr. Smotrich’s initial donation.
Over the next couple of days, I will post more information on the details of this fund and how you can participate.