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CB Business and Industrial Review of Benjamin Ross Group
Benjamin Ross Group

Benjamin Ross Group review: Decieving practices,business sales 1

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4:00 pm EST
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The Benjamin Ross Group is a business broker in Southampton, Pa.They have practiced deceit in my case and others to sell a business.Decieving numbers, hiding information, backdating documents etc.If you need to do business make sure you google them first.And by all means check out all the court cases in Bucks County Pa.Depositions are available if needed.Please do your due diligence. My life savings are gone I am in foreclosure my life is ruined and I am not alone I am aware of a few others and I am sure that there are others that I am not aware of.Extremely bad business practices.

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BenjaminRossGroup
Philadelphia, US
Apr 12, 2023 9:24 am EDT
Verified customer This comment was posted by a verified customer. Learn more

This is a response to Mr. Michael Leneghan who posted the above message. Mr. Leneghan purchased a business in December, 2008 through our firm. Mr. Leneghan, his accountant and his attorney, did their due diligence and had an ample opportunity to review the records that the owner of the business provided. Their collaborative review resulted in the conclusion that all material presented was accurate, true and correct.

Furthermore, after the acquisition and against the advice of the previous owner, Mr. Leneghan proceeded to change the business model by moving the business out of state and alienated some of his employees and customers. In addition, the timing of this acquisition coincided with the global economic downturn which affected not only this business, but many businesses throughout the country.

This was certainly an unfortunate incident and we are truly sorry that Mr. Leneghan was not successful; but there are no grounds for the above mentioned accusations. Through his attorney, Mr. Leneghan attempted to file a law suit against everyone involved in this transaction. The judge ruled that there were no grounds to pursue a lawsuit.

We are aware that Mr. Leneghan is disheartened as he has posted complaints like this on other web sites. These web postings were an attempt to discredit our firm; however, there are absolutely no grounds for his accusations.

Benjamin Ross Group