Results

Loftus & Eisenberg has been able to obtain $25,000,000 to be paid to investors in the year since the story of the largest Hollywood Ponzi schemes came to fruition. This led to one of our largest investment fraud cases to date. You can stream the coverage on CNBCs American Greed.

Sales representative commission claim settlement for 20 times the amount of commissions the defendant claimed were owed after a year of vigorous discovery and several procedural victories against a foreign manufacturer.

Intersectional age, disability, and gender settlement for nearly 7 times the initial offer after securing the reversal of the pre-representation dismissal of the client’s Charge of Discrimination.

$2.3M business breakup settlement where the plaintiff pursued claims against the defendant via highly skilled hourly counsel for several years with no offer. Alexander Loftus was retained on a contingency and quickly prepared separate suits against defendants’ family members for aiding and abetting, and realigned the demand to fit statutory oppression claims rather than common law claims to avoid the many defenses asserted. The business at issue was valued at less than $2M total by an independent valuation firm and our clients received more than the total valuation for 50% of the shares.

$2,600,000 settlement during trial for 86-year-old insurance salesman. Salesman was terminated and stripped of over $800,000 in commissions. The contract said the insurance company had “sole discretion” in terminating our client. The trial was bifurcated liability and damages and Alex proved the insurance company exercised the discretion in bad faith. The case settled for the full amount of past commissions plus the likely future commissions. The final offer before trial was $15,000.

$1,900,000 settlement for a group of franchisees against a franchisor and its independent bookkeeper. The claims alleged the franchisees were fraudulently induced into the franchise and the bookkeeper aided and abetted the false financial representations. The claim against the bookkeeper was the first of its kind. The claim against the franchisor required litigation directly against its insurer who originally denied coverage then eventually paid in excess of its policy limits.

$850,000 settlement for copyright infringement claim against a for profit school who allegedly copied our client’s curriculum.

$410,000 settlement for homeowner against municipality for claims of nuisance as a result of the municipality engaging in disruptive demolition and construction surrounding the homeowner’s home.

$300,000 settlement on behalf of our client who asserted, among other things, that he was terminated in retaliation for objecting to workplace gender harassment.

$220,000 settlement on behalf of a homeowner-client who had claims against her contractor for defective construction work

$1.4 million trial verdict in a Cook County breach of contract trial. The entire claim was based on a $20,000 loan. There was no offer prior to trial. The result was featured on the front page of the Chicago Daily Law Bulletin.

Achieved summary judgment in defense of a $3,500,000 claim for breach of fiduciary duty in Cook County. Claim was defended on a flat fee.

$1,845,614 securities fraud settlement for sale of unregistered securities on behalf of an elderly Florida couple in Sarasota County Court.

Following over a year in litigation in four forums achieved settlement for terminated CEO for whistleblower and shareholder claims in exchange for confidential cash settlement and exchange of intellectual property valued at $300,000,000.

Settled shareholder derivative suit in the Northern District of California on behalf of over 30 investors damaged by an aqui-hire scheme.

Settled shareholder oppression claim netting the departing partner $1,000,000 cash and $3,200,000 purchase option.

Significant confidential settlement of an antitrust case pending in the District of New Jersey on behalf of a medical equipment retailer against an international supplier.

Resolved business divorce netting the departing partner nearly three times his capital contribution in a suburban Chicago Hotel.

$860,000 jury verdict in Northern District of California on breach of fiduciary duty claim. The defendants final offer before trial was $70,000.

Accounting malpractice claim resolved via arbitration for $205,000.

$630,000 settlement of Breach of fiduciary duty and landlord tenant dispute pending in Kenosha, Wisconsin.

Judgment after trial for 6x the final offer plus attorney fees in a hotly contested breach of contract and Illinois Sales Representative Act claim pending in Will County.

$1,924,324 settlement of Cook County tortious interference claim against a national hotel chain.

Successfully defended a multi-million dollar corporation in a conversion claim seeking punitive damages in a Cook County Law Division trial.

Defended alleged immigrant fraudster in jury trial in Whiteside County resulting in verdict of 20% the final demand before trial.

Represented group of over 400 investors in achieving a series of confidential settlements to recover most of their $40,000,000 investment lost in a South Florida Ponzi Scheme.

Confidential settlement on behalf of consumers against foreign auto manufacturer for consumer fraud.