J.R. Howell & Associates secured another victory for private investors in a Las Vegas-based securities fraud lawsuit when a state court judge entered a judgment exceeding $17.5 Million in damages in favor of the firm’s clients. The lawsuit alleged numerous instances of investment fraud based on a real estate centered ponzi scheme.
What is a Ponzi Scheme?
Video Link: http://www.youtube.com/embed/zRTPKcJGwe4
JR Howell & Associates represented private investors in the case against Desert Capital REIT and a host of co-conspirators. Initially filed in May of 2011, the lawsuit endured for over four years, including appeals.
J.R. Howell & Associates attorneys Ian Stumpf and J.R. Howell represented the investors, with assistance from attorney Elinor Stevenson and litigation support from Christian Johnson, Autumn Kirkendall, Hanim Samara, Benson Awosika, Mary Grinton, and Hank Daugherty.
The $17.5+ Million victory for the private investors is JR Howell & Associates’s most recent success in representing private groups and individuals in cases of investor or consumer fraud.
J.R. Howell & Associates has offices in Los Angeles and Washington D.C. providing legal counsel to clients throughout California and the District of Columbia in matters both domestically and internationally.
For more information, visit: http://www.jrhlegalstrategies.com
Company Name: JR Howell & Associates
Contact Person: Media Relations
Phone: (818) 358-4436
Address:5062 Lankershim Blvd. Suite Twenty-Nine
City: Los Angeles
Country: United States