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Source: Capital Management settles with Tucker estate

Capital Management Consultants has reached a settlement with the estate of former company accountant James Scott Tucker, who was allegedly the mastermind behind a scheme to steal millions of dollars from the company, according to a company official. The company and members of the Guarisco family, who own Capital Management, recently settled with Tucker’s estate; his firm, Nelson-Tucker LLC; and his two daughters, who were his successors, Capital Management spokesman Marwan Mohey-El- Dien said Monday. Mohey-El-Dien didn’t specify any of the terms of the settlement. The settlement wasn’t listed in St. Mary Parish clerk of court records as of Monday.

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