We have a superb record of success and deliver excellent results in the most efficient manner.
Our client, a London-based apparel distributor, was sued for $1 million for breach of an exclusive distribution agreement. We counterclaimed for $1.97 million for breach of the agreement. After a two week binding international arbitration we won an award of $1.97 million for our client, and got a defense award on the claimant’s claim.
Successful prosecution of litigation on behalf of holder of restricted stock valued at over $2.5 million against issuer refusing to permit removal of restrictive legend on the stock. Through this and other cases, our firm has developed a special expertise involving restricted stock, SEC Rule 144, and stock transfer agent law.
Co-lead counsel in class action lawsuit against a national broker-dealer, certified on behalf of investors who purchased stocks under a “commission-free” trading program during the years 1993-1997. After a three-week trial, the case settled during jury deliberations for $21 million, which represented a recovery of over 115% of the class’ net out-of-pocket losses.
Our client was sued by an insurance carrier for $500,000.00 for back premiums. After formulating and implementing a successful challenge before the Department of Insurance, our client paid a very nominal amount in settlement of the claim.
Victorious defense in arbitration of securities related breach of contract claim for $1.5 million on behalf of publicly-traded company, with potential recovery of all attorney fees incurred by the defendant.