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David Voelker - New Orleans investor troubles?

Posted on 2/21/11 at 2:30 pm
Posted by DandyPimp
New Orleans
Member since Jan 2007
1090 posts
Posted on 2/21/11 at 2:30 pm
I heard that David Voelker's business has gone under. I knew he was getting sued by one of his business partners but heard today that he has closed his office and is now being sued by Whitney for defaulting on a note.

Anybody know any details on this?
This post was edited on 2/21/11 at 3:46 pm
Posted by Athanatos
Baton Rouge
Member since Sep 2010
8141 posts
Posted on 2/21/11 at 2:49 pm to
Last I heard one of the guys at RV was going to work at Iberia Capital Parters. I hadn't heard anything know about the default situation or RV folding though.
Posted by Early Cuyler
Member since Jan 2009
4291 posts
Posted on 2/21/11 at 2:56 pm to
They were hiring like two months ago. I applied, but haven't heard back. This may or may not explain why.
Posted by RedStickBR
Member since Sep 2009
14577 posts
Posted on 2/21/11 at 3:03 pm to
How reliable is this information?

I haven't heard anything about this.
This post was edited on 2/21/11 at 3:04 pm
Posted by DandyPimp
New Orleans
Member since Jan 2007
1090 posts
Posted on 2/21/11 at 3:07 pm to
LINK

Here's the link with a story about the lawsuit. Heard about the note and the office from an attorney, but not sure if it is just idle gossip.

BTW - this is not Rice Voelker but Frantzen Voelker Conway. Not sure the relationship between Rice Voelker and Frantzen Voelker, but pretty sure they are two distinct firms with separate offices.
This post was edited on 2/21/11 at 3:09 pm
Posted by whodatigahbait
Uptown
Member since Oct 2007
1749 posts
Posted on 2/21/11 at 5:35 pm to
rice voelker is a trading and research company....frantzen voelker conway was a private equity shop..that invested mostly in oil and gas from what i can remember....i know a few of the guys at rice voelker and yest two of them left to go to Iberia Capital
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