Judgements, Awards and Settlements

$13,000,000 JUDGMENT

In this case a convicted swindler orchestrated a sophisticated scam using publicly traded shell corporations and offshore banks.

$2,500,000 JUDGMENT

In this case we recovered 100% of the losses from a hedge fund that used a bogus audit and fake documents to defraud investors.

$1,500,000 JUDGMENT

This case involved the use of bogus securities to pay for the purchase of a house.

$1,200,000 JUDGMENT

In this case our firm recovered 100% of the losses, interest and attorney's fees for a 93 year old victim of an offshore time share investment.

$278,000 JUDGMENT

In this case two elderly investors were sold out of their safe, secure annuities and placed into a "promissory note" scam. The verdict represents a return of 100% of the investors' losses.

$105,000 JUDGMENT

In this case an elderly couple was swindled out of their life savings. The judgment includes damages for violations of Nevada' elder abuse statute.

$72,000 JUDGMENT

In this case an elderly couple was persuaded to roll their money out of their pension plan and invest in an oil and gas limited partnership. They never received a memorandum detailing the investment from the broker, who has since fled to Mexico.

$1,225,000 AWARD

In this case our firm recovered 400% of an elderly client's losses from unregistered viatical investment contracts. The award included a $600,000 punitive damages award.

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$600,000 AWARD

In this case our firm recovered over 100% of a CMO investors losses. This investor beleived she was investing in safe, govt. insured bonds. In reality, the broker put her funds into risky, illiquid "tranches" of these CMOs, which our expert described as "Frankenstein securities."

$451,000 AWARD

In this case our firm recovered 100% of the losses, plus attorney's fees from the improper sale of an unregistered security disguised as a time share investment out of Cancun, Mexico.

$265,000 AWARD

In this case a broker from a major firm discovered a company in Australia. He sold his client on the company, which was not trading on an American exchange. The broker created his own option forms and, in pencil, sold the client options to buy shares in the company. The award included an award for punitive damages.

$193,350 AWARD

In this case a woman running a small business took the proceeds of her divorce settlement and gave them to a broker. The broker churned her account then concentrated the funds in the shares of a high-risk stock purchased on margin.

$190,000 AWARD

In this case a broker churned his client's account for the purposes of generating commissions.

$174,000 AWARD

In this case two elderly victims were convinced to invest their life savings in two separate scam programs that promised safe and steady income. The award represented a 200% return of their losses, and included an $87,000 punitive damage award.

$175,000 AWARD

In this case the victim of a horrible motor vehicle accident was persuaded to invest the proceeds in a scam real estate deal. The total recovery of $175,000 represented a 175% return.

$69,000 AWARD

In this case an elderly couple who purchased a "guaranteed" oil and gas limited partnership lost everything when the guarantee turned out to be illusory and the company went bankrupt.

$66,440 AWARD

In this case an investment house gave seminars to retiring aerospace workers. They convinced this investor to roll his pension into limited partnerships including oil and gas, pizza restaurants and storage facilities. The award included a punitive damage award against the principals of the firm.

$1,100,000 SETTLEMENT

In this case an elderly couple recovered their life savings that was used to purchase Mexican time share securities.

$900,000 SETTLEMENT

This case involved a group of investors - mostly airline pilots and flight attendants who were sold shares of a start up company by a broker for a major firm. The broker never disclosed his personal relationship with the CEO of the company and never disclosed the company had failed to secure needed financing to build a factory.

$280,000 SETTLEMENT

In this case a group of investors had their money stolen by a career criminal who funneled the money to offshore accounts. Investors were told their investment was guaranteed and would return 13%. In fact, the guarantee was a sham and the returns investors received came from money deposited by new investors.

$250,000 SETTLEMENT

This was a recovery against a clearing firm for aiding and abetting an underlying penny stock fraud.

$250,000 SETTLEMENT

This was a recovery against an accountign firm for aiding a convicted swindler in a promissory note scam.

$180,000 SETTLEMENT

In this case an elderly woman received back funds that were lost due to investments in tech stocks.

$140,000 SETTLEMENT

This case involved bogus research issued by a major broker dealer which caused the loss of 401k funds.

$51,000 SETTLEMENT

In this case a large IRA custodian provided faulty investment data to its clientele. Specifically, the custodian valued illiquid investment as fair market value, which prevented the investors from discovering the true value of their investments.