Securities Fraud Lawyer Blog
David Holzapfel was hit with a $170,000 judgment in Clark County Nevada District Court on August 19, 2025.
The Judgment stems from a failed business transaction, whereby David Holzapfel was to open and run two restaurants under his Frat Haus brand.
Two investments were at issue in the lawsuit; one was an agreement whereby the Plaintiff invested $50,000 in exchange for an eight percent interest, and a 25% stake in a Nevada LLC formed by David Holzapfel. The LLC was named The Frat Haus Restaurant Company, LLC, and the purpose of the LLC was to open and run a restaurant (called “Frat Haus”) in the downtown container park district.