Securities Litigation and RICO Act Claims
Our securities litigation team maintains ongoing expertise in the state and federal laws governing the rights and duties of issuers, sellers, brokers, dealers, underwriters, purchasers, clearing houses and exchangers of securities. Our lawyers have acted in numerous matters on behalf of corporations that have been victimized by embezzlers. We have used RICO remedies in business torts claims litigated among shareholders in closely held companies.
Client alleged theft by conversion, securities fraud and civil conspiracy. Judge awarded client compensatory damages, punitive damages and attorneys’ fees in excess of $620,000.
Obtained $1.3 Million judgment on behalf of nationwide restaurant chain against defaulting contractor.
Obtained Temporary Restraining Order freezing assets of contractor under Georgia RICO.
Obtained $1.1 million judgment in securities fraud litigation.
After a six week jury trial presenting 17 consolidated, yet individually proved plaintiff’s cases, obtained a civil conspiracy to defraud verdict in the total amount of $3.5 million on behalf of each of 17 investors in a commercial building arising from fraud in the financing of the purchase. In the same trial, obtained judgment for an additional $500,000 in punitive damages against the syndicator.
- August 20, 2020
- November 6, 2019
- April 18, 2019
- July 20, 2017