Fraud
What is business fraud?
Business fraud involves dishonest conduct by a business on a consumer or other business. The conduct may involve misrepresentations of facts, suppression of facts, broken promises to perform future acts, and other deceitful conduct. Beasley Allen has successfully represented consumers in business fraud cases involving insurance companies, mortgage companies, banks, manufacturers, retailers, and other business entities. For example, Beasley Allen attorneys received a record $581 million jury verdict in a fraud case involving a door-to-door sales and finance scam.
Additionally, Beasley Allen has successfully represented businesses against other businesses in cases involving fraud, as well as breach of contract, third-party interference with contract, and disclosure of trade secrets. For example, Beasley Allen has represented businesses against insurance carriers, banks, suppliers, franchisors, and competitors, to name a few. Beasley Allen also represents eight state Medicaid programs against various pharmaceutical companies related to a fraudulent drug pricing scheme.
A consumer or business injured by business fraud is entitled to recover compensatory damages, in the form of money awarded by a jury to compensate the defrauded person or business for the loss suffered. The purpose of compensatory damages is to place the defrauded party in the position he would occupy had the fraud not occurred. In some cases, a defrauded person may also be able to recover money for mental anguish suffered as a result of the defendant’s conduct. Also, in some cases, a defrauded consumer or business may be entitled to recover punitive damages, which is money awarded by the jury to punish the wrongdoer and to deter the wrongdoer and others of similar wrongful conduct in the future.
What can I do?
If you feel you have a claim, our attorneys would like to talk to you. You may be entitled to compensation. Contact us today for a free, no-obligation legal consultation.
Cases Investigated
Beasley Allen is currently investigating cases involving Business Fraud. However, our attorneys would like to investigate any claims of loss in any industry that may be the result of fraud.
Beasley Allen investigating claims from former Merrill Lynch brokers
February 1, 2012 - The Law Firm of Beasley, Allen, Crow, Methvin, Portis & Miles, P.C., announces that it is investigating potential claims of brokers formerly employed by Merrill Lynch. Read More
Alleged widespread intentional fraud in mortgage lending industry
August 11, 2011 - According to a recent report aired on CBS News program 60 Minutes, as foreclosed homes flood the market in the midst of the economic crisis, banks are finding that all too often the... Read More
Jury awards $1.18 million verdict for Beasley Allen plaintiff in business fraud case
March 22, 2011 - A Charleston County, South Carolina, jury awarded $1,189,408 to Plaintiff Clifford Hansen after determining he had been unfairly excluded in a business purchase that he had personally... Read More
Preemption of state law undermines your legal rights
November 25, 2008 - There is an effort currently underway to remove the rights of consumers to seek justice through the court system when they are injured by a product or drug. The issue is preemption, and... Read More
Beasley Allen to represent City of Montgomery Police Department
November 20, 2008 - MONTGOMERY, ALA. - Beasley Allen law firm will represent the City of Montgomery and its Police Department in an effort to recover money spent for new video surveillance equipment that... Read More
Beasley Allen named to Plaintiff’s Hot List
October 9, 2008 - Beasley Allen has been selected for inclusion on The National Law Journal's 2008 Plaintiffs' Hot List. The list is the magazine's "unscientific survey" of the litigation scene since the... Read More
Show the jury ‘plain old fraud’
June 16, 2008 - The National Law Journal recently selected Jere Beasley as one of the top 10 litigators in the nation, including him in its special section, Winners. Here, writer Emily Heller... Read More
Alabama Voices: Corporate Crimes
May 2, 2008 - So long as I am attorney general, my pledge to every citizen is the same: No matter how big and rich the bully may be and whether he uses a knife or a complicated Medicaid reimbursement... Read More
Civil Rights Icon Johnnie Carr, 97, Dies
February 23, 2008 - Johnnie Carr, who joined childhood friend Rosa Parks in the historic Montgomery bus boycott and kept a busy schedule of civil rights activism up to her final days, has died. She was 97.... Read More
The FCC Should Make TV Broadcasting as Children Friendly as Possible
January 4, 2008 - It's been nearly two years since the Federal Communications Commission (FCC) last handed out fines against a television station for violating federal broadcast decency laws. Read More
