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Arash Shirdel

Arash Shirdel’s Legal Cases

9 total

  • JPMORGAN/Chase v. Wells Fargo

    Practice Area:
    Real Estate
    Outcome:
    Settled
    Description:
    Litigation over which bank owned the deed of trust in first position. My Client was/is the borrower, whose property was the center of the litigation. The borrower owned multiple properties on the same street, two of which were encumbered by Wells Fargo ($250k). He re-financed the first property ($1.3M), but the proceeds of the refinance due to error paid of the Wells Fargo deed on the wrong property. The property is now worth approximately $600k Client subsequently re-financed the other property, which now had no Wells Fargo deed of trust. Now the property is in litigation, over which lender is the rightful deed of trust in first position. This matter concluded in February 2011. Our clients were relieved of any liability.
  • Hashemi v. US BANK

    Practice Area:
    Real Estate
    Outcome:
    Settled
    Description:
    Disabled woman was wrongfully foreclosed upon. The lender did not abide by the rules of CCP 2329.5 in foreclosing on the property. We fought for her in the unlawful detainer forum as well. This case settled in June 2011 with the client receiving monetary compensation.
  • Achim v. Wells Fargo

    Practice Area:
    Real Estate
    Outcome:
    Settled
    Description:
    Client was seeking a loan modification but was not given a fair review. Wells Fargo set a foreclosure sale date. We filed a lawsuit against Wells Fargo, obtained a temporary restraining order against the sale. After several months of litigation, we obtained a loan modification at 2.5% for the first year.
  • In Re: Johnson Survivor Trust

    Practice Area:
    Chapter 7 Bankruptcy
    Outcome:
    Settled
    Description:
    Client was a trust in Chapter 7 Bankruptcy facing pending foreclosure of a family vineyard. We were able to obtain an offer on the property, settled the bankruptcy case, negotiated a payoff with all of the creditors and the client was able to obtain a payout.
  • confidential

    Practice Area:
    Contracts & Agreements
    Outcome:
    Settled
    Description:
    Plaintiff had default judgment for fraud, $1.7M in damages, and some stock. After about 1 ½ years of litigation, we settled the case $750,000.
  • Glazer v. Ault

    Practice Area:
    Litigation
    Date:
    Oct 01, 2011
    Outcome:
    Settled
    Description:
    Plaintiffs were able to get a default judgment against Defendants totally approx. $1.5M. We filed a motion to vacate the default judgment. We were able to settle the case for $750k payable over 5 years.
  • Confidential

    Practice Area:
    Litigation
    Date:
    Dec 15, 2011
    Outcome:
    Case Dismissed
    Description:
    Client was sued by a homeowner for allegedly doctored loan documents relating back to a purchase of a property in 2006. After several months of discovery and depositions, the Court ultimately granted our motion and dismissed the case in our client's favor.
  • Hennessy v. Ranca et al

    Practice Area:
    Real Estate
    Date:
    Mar 15, 2012
    Outcome:
    Dismissed.
    Description:
    This was a case where the homeowner claimed that the broker had manipulated a mortgage application so that she would qualify for a loan. The allegations were made that this was a conspiracy to commit fraud against the homeowner. We represented a 3rd party sued on that theory. We were able to get the case dismissed against our client at the pleading stage and we were able to recover some of the costs of the case from the Plaintiff.
  • Confidential

    Practice Area:
    Securities & Investment Fraud
    Date:
    Apr 20, 2012
    Outcome:
    Settled
    Description:
    After approximately a 2 year investigation by FINRA (financial industries regulatory authority), my client was on the verge of being charged for fraudulent unauthorized trades on several customer accounts. FINRA was initially seeking a lifetime bar from association with a FINRA member (in other words, the stock broker client would no longer be able to be a stock broker) plus approximately $400,000 in restitution. We were hired approximately 1¼ year through the process. We were able to settle the case with a suspension, a fine, and minor restitution. The Client will able to resume his life shortly and re-enter the business as he sees fit. The Client's goal as to avoid a lifetime bar as it would destroy his ability to make money.