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Securities Litigation
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Case Details
A Travis County jury returned a $1.7 million verdict against Ohio-based financial services firm Equity Trust Co., finding that the firm had knowingly and substantially aided a notorious Ponzi scheme operated by convicted fraudster Robert Langguth.
Additional Notes
The jury found that Equity Trust substantially aided and assisted Mr. Langguth’s scheme and could have brought an end to it sooner. Boyd, Powers & Williamson has represented approximately forty victims taken advantage of by the scheme.
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