Declaration — United States ex rel. James R. Berkley v. Ocean State, LLC (Dkt. 66-16, D.R.I.)

Summary

Exhibit 16, filed January 6, 2025 as Document 66-16 in the case of the United States, relator James R. Berkley, against Ocean State, LLC and others, No. 1:20-cv-00538, in the U.S. District Court for the District of Rhode Island, reproduces pages from the confidential deposition of John Roselli taken March 14, 2024. Roselli testifies to being an employee of New Harbor, paid a small salary as an operating partner, and to being hired around August of 2019 as interim CEO of Ocean State and executive chair of Blueprint. Roselli testifies to having no carried interest in Fund I, which was Ocean State, and to reporting to the Ocean State board, whose members named include John Pircon, Ed Lhee and Tom Formolo. On further examination by Mr. Renner, Roselli answers no when asked whether 2020 was better than 2019 for Ocean State on a year-over-year basis.

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