$2,900,000 Verdict Involving Consumer Fraud
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General Consumer Fraud
Published: January 11, 2008
Plaintiffs invested $275,000 into a commodity futures trading venture that was guaranteed to produce 12.5% return on their money. The broker never invested the money and Plaintiffs actually lost all their money. This case was brought as a fraud case. The jury awarded $900,000 in compensatory damages, and $2,000,000 in punitives.
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