{"id":441,"date":"2016-08-17T02:03:20","date_gmt":"2016-08-17T02:03:20","guid":{"rendered":"http:\/\/bknlawyers.com\/?p=441"},"modified":"2024-05-31T01:55:32","modified_gmt":"2024-05-31T01:55:32","slug":"60-2-million-verdict-awarded-against-defendants-for-defrauding-investor","status":"publish","type":"post","link":"https:\/\/bknlawyers.com\/?p=441","title":{"rendered":"$60.2 million verdict awarded in trial over investor fraud and breach of contract allegations"},"content":{"rendered":"<p>In 2000, the defendants in this matter fraudulently sold our client an ownership interest in their company in exchange for over what would ultimately be over $635,000 in investments.  After taking his money, however, they proceeded to cut him out of the promised ownership interest, refused to give him his agreed-upon salary, and breached payment on numerous promissory notes.  Subsequently, they closed up the company and over the subsequent years proceeded to play a complex shell game, constantly shifting the money &#8211; and our client&#8217;s investments &#8211; into one new company after another, all in order to hide their ill-gotten gains and prevent our client from ever recovering on his investment.<\/p>\n<p>On August 12, 2016, however, the defendants were finally brought to justice.  After years of work by our attorneys Laurence Osborn and Robert Baker to unravel defendants&#8217; fraudulent activities and fight through their obstructive litigation tactics, the trial court completely rejected the defendants&#8217; attempts to hide behind their shell companies and awarded our client a verdict of $60,282,000.00, with an award of costs to follow.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>In 2000, the defendants in this matter fraudulently sold our client an ownership interest in their company in exchange for over what would ultimately be over $635,000 in investments. After taking his money, however, they proceeded to cut him out of the promised ownership interest, refused to give him his agreed-upon salary, and breached payment [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":1362,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/bknlawyers.com\/index.php?rest_route=\/wp\/v2\/posts\/441"}],"collection":[{"href":"https:\/\/bknlawyers.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bknlawyers.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bknlawyers.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bknlawyers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=441"}],"version-history":[{"count":7,"href":"https:\/\/bknlawyers.com\/index.php?rest_route=\/wp\/v2\/posts\/441\/revisions"}],"predecessor-version":[{"id":448,"href":"https:\/\/bknlawyers.com\/index.php?rest_route=\/wp\/v2\/posts\/441\/revisions\/448"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bknlawyers.com\/index.php?rest_route=\/wp\/v2\/media\/1362"}],"wp:attachment":[{"href":"https:\/\/bknlawyers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=441"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bknlawyers.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=441"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bknlawyers.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=441"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}