$114.5M
Class Action
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Case Details
Ara Jabagchourian served as lead trial counsel in a four week class action trial related to a Ponzi scheme. Jabagchourian represented 800 class members who were defrauded in a purported equipment lease business. The jury awarded $47.2 million against the president and CFO of the company. In the second phase of the trial, the judge awarded $114.5 million against the widow of the CEO based on the doctrine of alter ego.
Additional Notes
The matter was upheld in the court of appeal.
More Results from Law Offices of Ara Jabagchourian, P.C.The results shown are not necessarily representative of all results obtained by this firm.
Represented By
Law Offices of Ara Jabagchourian, P.C.
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