FSP Stallion 1, LLC, et al. v. Walters, et al.
Jan 10, 2012OUTCOME: Summary judgment for the Firm clients on federal securities fraud claims and the state law claims were settled favorably.
Defense of a broker-dealer and associated control persons in a $10+ million dollar securities fraud case in the US District Court for the District of Nevada. Case involved the sale of tenant-in-common ... interests in a golf course and the loss of the investment by the plaintiffs due to a declining real estate market. Claims involved federal and state securities fraud claims and common law claims. Over 50 days of deposition were taken and significant motion practice and electronic discovery issues were involved.
