ZeekRewards.com and Zeekler, the Lexington company shut down by the Securities and Exchange Commission last week after being accused of running a Ponzi scheme, have been handed a class-action lawsuit by nearly 100 Zeek affiliates. The suit, brought by 82 named affiliates of the Zeek web site, names ZeekRewards as well as CEO Paul Burks and Rex Venture Group, the company through which Burks ran Zeek. Lexington attorney J. Calvin Cunningham represents the plaintiffs. The state court action, filed in Davidson County Superior Court this past Wednesday, seeks damages for all affiliates and demands a jury trial. The lawsuit claims damages from the company’s “fraudulent, unfair, deceptive and illegal acts.” Numerous other unnamed individuals could be inserted into the lawsuit at a later date, the filing said. Read more in the Franchise Herald here.
