The PennZone

TAMPA, Fla. & MIAMI & OKLAHOMA CITY - PennZone -- An eight person jury unanimously decided against Freddy Russian and his firm for Fraud & Breach of Contract after a four day trial based on insurmountable evidence and witness testimony. The verdict is related to M&A services rendered by The Prosyon Group after it was contracted when Freddy Russian and his firm couldn't deliver for Brazil-based Quimatec Produtos Quimicos.

More on The PennZone

• Port St. Lucie REALTOR® Irene Pernice Earns SFR® Certification
• AMR and UAS Take the Stage at WorldSkills Shanghai 2026
• Benchmark International Facilitated the Trans of P&Ro Solutions Group and FOCUS Learning Corporation
• Biophysical Therapeutics brings longevity science to skincare with its new IF1 brand
• JoCa's Echoes of Haworth Sells Out on Opening Night in Mexico City; Artist Heads to San Luis Potosí and Miami Art Week

The Prosyon Group not only procured a buyer in Solenis Inc but also provided advisory services to Quimatec management and the two shareholder families in what resulted in a successful transaction. However, once the work was completed Freddy Russian and his firm chose to not honor the original contract and engage in fraudulent activities to do so as was determined in U.S. Federal Court. The Prosyon Group provides M&A consulting services to families and international financial and strategic buyers.

UNITED STATES DISTRICT COURT MIDDLE DISTRICT OF FLORIDA TAMPA DIVISION Case No:  8:18-cv-587-T-23JSS