Griffith Barbee recently obtained a successful, unanimous jury verdict in a week-long trial in the U.S. District Court for the Eastern District of Texas in a breach of contract and fraud lawsuit. Griffith Barbee represented a high-net-worth individual who was defrauded by two entrepreneurs into investing in their automotive startup company. The verdict included an award of $850,000 in actual damages and $702,000 in punitive damages. Griffith Barbee also secured recovery of its attorneys’ fees and expenses for its client.
“Our team is proud the jury recognized the fraud that our client suffered,” said partner Casey Griffith. “We are proud to help our client become whole again and to fight financial fraud perpetuated against individuals and companies.”