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Utopia Residences


Country United States
State California
City Beverly Hills
Address 421 N Rodeo Dr
Phone 310-270-4777
Website http://www.utopiaresidences.com

Utopia Residences Reviews

Most Useful Comment
  • Apr 19, 2017

David Robb who is chairman of Utopia Residences, informs investors that he has sold many units and that this ship is going to be built. Not one residence has been sold. David Robb lives off the the money the investors provide and doesn't work on anything related to Utopia Residences. This "project" has been sinking since it's inception 8 years ago (it only takes 3 years to build a ship). David Robb hides behind his Harvard education and ill gotten friends to disguise his scheme.

He has no intention of building this ship. His claim is that his private equity group Frontier Group is backing this project is a lie. David Robb and Utopia Residences has many lawsuits including a lawsuit from Samsung Heavy Industries and Christies Great Estates for non-payment and Broken contract agreement. Securities and Exchanges Commission needs to investigate.

Mark as Useful [1 vote]
  • Mar 1, 2018

*UTOPIA RESIDENCES ISSUES IMPORTANT CORRECTION TO THIS POSTING*

This Yscam posting above originates from a disgruntled former associate of the company, and none of the allegations stated in that original posting is accurate or supported by any facts. The person who posted it noticeably did not include their name on the posting given there is no support for any of the allegations. In fact, the District Court in Nevada was so offended by the false statements contained in the posting that it ruled that the allegations are “false and defamatory” and ordered the parties to remove them from the Internet. The attorney for the opposing side against Utopia Residences signed that Court order which is posted on Lumen Database (see this link): (https://lumendatabase.org/file_uploads/files/4250676/004/250/676/original/De-Indexing%20Order%20to%20Google%209-21-16.pdf?1488996676)

Utopia was able to demonstrate to the Court substantial evidence that the original report containing allegations about Utopia and Mr. Robb was false, as follows:

1) There is absolutely no litigation from Samsung or Christies against Utopia or Mr. Robb in any jurisdiction anywhere in the world;

2) Frontier Group is in fact backing Utopia, as evidenced by the sworn testimony of Utopia’s executives and as indicated in published reports (see the “Financing” section in in Wikipedia, below, and other news articles in links below):

- https://en.wikipedia.org/wiki/Utopia_(cruise_ship)

- http://www.bizjournals.com/stlouis/stories/2009/12/14/story3.html

http://www.utopiaresidences.com/about/pdfs/Utopia%20Residences%20=%20Haute%20Living%20Editorial.pdf

-http://www.malibuchronicle.com/utopia-luxury-living-on-the-sea/

3) The allegation that the Utopia project is “sinking” is completely false. Utopia is going forward with the development and building of its vessel, and the company has completed testing the hull design and propellers in the world’s largest non-military towing testing tank at Samsung in South Korea (see this link):

http://www.marinelog.com/DOCS/NEWSMMIX/2010nov00011.html

…. and the President of Samsung Mr. Roh In-Sik remarked "This is a significant event in the building of Utopia and a significant milestone for Samsung as we further penetrate the passenger ship market internationally. With this investment in the Utopia, we come closer to producing the world's most luxurious ship." (see this link): http://www.marinelog.com/DOCS/NEWSMMIX/2010nov00011.html

…. and Utopia has since secured patents for the vessel, completed marine engineering and architecture work with Elomatic Marine and Tillberg Design and modified its building agreement just this year (see the end of the first paragraph in this link): (https://en.wikipedia.org/wiki/Utopia_(cruise_ship)

4) The Yscam anonymous allegation that David Robb is or was living off of investor funds with no intention of building the ship is demonstrably false given he has not taken a salary from Utopia since May 2012, according to Court records and sworn testimony;

5) There is no evidence of any wrongdoing by Mr. Robb or Utopia, and there rightly has been no SEC investigation. According to the Nevada Court’s Findings of Fact, the only wrongdoing was committed by a former associate, and the Court ruled against that party and punished it with a $4 million judgment (see Clark County District Court case #A547636, “Findings of Fact, Conclusions of Law, and Judgment,” an order issued by that court on August 27, 2015).

The Court order which fully vindicates Utopia Residences and David Robb and which labeled the original allegations in this Yscam posting both “false and defamatory” can be found here: (https://lumendatabase.org/file_uploads/files/4250676/004/250/676/original/De-Indexing%20Order%20to%20Google%209-21-16.pdf?1488996676)

  • Mar 17, 2017

Report believes in transparency and the more information the better. In this instance there has been court action regarding this subject Report. We believe it important to note that not all Court Orders are alike. Many court orders are absolutely legitimate. However, sometimes courts enter orders based upon default which typically means that the defendant didn’t show up. Sometimes a defendant won’t show up because they didn’t even get notice of the case proceedings in the first place and other times defendants may not show up because they don’t necessarily have the knowledge and/or the financial resources to fight. Still, in other instances, a defendant may simply appear only to stipulate (settle) the case by agreeing to stipulate to a court order because they are being bullied by the plaintiff and whether what they said was true or not, they just want the matter to go away so they can move on with life and make the plaintiff go away. We are providing you all with the same information so that you may be more informed and, coupled with any additional research you feel is necessary, make your own informed decision regarding the validity of this Report. As always, we encourage our readers to do their homework and not just rely on one single source for information. Google, through the Lumen Database, has provided the following document relating to this subject Report: https://www.lumendatabase.org/notices/13995487#.

David Robb who is chairman of Utopia Residences, informs investors that he has sold many units and that this ship is going to be built. Not one residence has been sold. David Robb lives off the the money the investors provide and doesn't work on anything related to Utopia Residences. This "project" has been sinking since it's inception 8 years ago (it only takes 3 years to build a ship). David Robb hides behind his Harvard education and ill gotten friends to disguise his scheme.

He has no intention of building this ship. His claim is that his private equity group Frontier Group is backing this project is a lie. David Robb and Utopia Residences has many lawsuits including a lawsuit from Samsung Heavy Industries and Christies Great Estates for non-payment and Broken contract agreement. Securities and Exchanges Commission needs to investigate.

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