Trini L. Thomas, Sr. and Betty Thomas v. Sesup & Lamint Securities Corp. and Empire Financial Group, Inc., et. al.
Mar 19, 2010OUTCOME: Claimants were awarded compensatory damages of $100,000, punitive damages of $40,000 and Claimants received an award of Attorneys' Fees and Sanctions against Respondents.
Claimants, Trini and Betty Thomas, were represented by Randall Place, Esq. and Sara Hanley, Esq. of the Law Offices of Place & Hanley. Claimants asserted causes of action for (1) misrepresentation; (2 ... ) violation of Florida Statute § 517; (3) breach of fiduciary duty; and (4) failure to supervise. The causes of action relate to Respondents’ investment of Claimants’ funds into 15% convertible promissory notes issued by CSMG Technologies, Inc. after allegedly soliciting Claimants’ funds for the purchase of an initial public offering in a company called “Tissue Connect”.
