Yes, it’s the name of a cigarette brand ,and yes, It’s a British term for a kind of overstuffed couch. Now it’s also the name of a disgraced and injuncted King County investment firm.
The state Department of Financial Institutions has announced that on Wednesday its Division of Securities obtained a preliminary injunction in King County against the Seattle-based Chesterfield Mortgage Investors, Inc.
A receiver, Mel R. Codd, was appointed for CMI, according to an agency release.
CMI and its president, Charles Chesterfield, entered into a consent order with DFI in which, among other things, CMI agreed to the revocation …