Koger

2: 22Kevin Koger 26 yard pass from Steven Threet (Badgers 19, Wolverines 6) MIC

USATODAY.com 2008

Closely held Molinaro Koger, of Vienna, Va., has brokered more than $15 billion of hotel deals since its founding in 1959.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

Specifically, Host alleges that Molinaro Koger established front companies led by the brokerage's employees or a business partner of Mr. Koger to buy the hotels from Host without Host knowing of their involvement in those companies.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

In one deal, Molinaro Koger brokered the sales of Host's Sheraton hotel in Stamford, Conn., and the Washington Dulles Marriott Suites in 2009 to a company led by a Molinaro Koger employee and one of Mr. Koger's business partners, the lawsuit alleges.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

Charles Kimmett , a Wiltshire & Grannis LLP attorney representing Molinaro Koger, denied Host's allegations and said the firm would "vigorously defend" itself against Host's lawsuit.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

Molinaro Koger's president, Rob Koger , said in a written statement Sunday that he is "puzzled and disappointed" by Host's "baseless" charges.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

Molinaro Koger denies that any of its employees or associates was involved in the companies that bought the hotels from Host.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

Host hired Molinaro Koger as its agent on 11 deals from 2004 to 2010, according to court papers.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

In a lawsuit filed Friday in Maryland state court, Host accused brokerage Molinaro Koger Inc. of setting up front companies to flip the properties for its own profit rather than getting the highest possible price for Host.

Host Hotels Sues Brokerage Firm Kris Hudson 2011

However, Mr. Koger and his brokerage "have repeatedly abused this trust, causing untold damage to Host and...one of Host's affiliates," Host's suit alleges.

Host Hotels Sues Brokerage Firm Kris Hudson 2011