A Henry County jury awarded a record $2.9 million verdict in a securities fraud case July 13, 2004.

The jury awarded $900,000 in compensatory damages and an additional $2 million in punitive damages against World Capital Brokerage of Tampa, Florida.

Ray and Shirley Robinson, who reside in Abbeville, invested $275,000 with the defendant. The funds were to be invested in commodity futures with a guarantee that the investments were totally safe. A 12.5% annual return was guaranteed on the investment.

Evidence at trial revealed that the funds were never invested by the defendant.

“World Capital Brokerage and its agents are guilty of not only stealing our clients’ money, but also stealing their future,” states Gibson Vance, attorney for the plaintiffs. “The conduct exhibited by this company is nothing less then reprehensible.”

Gibson Vance and Chris Sanspree with the firm Beasley, Allen, Crow, Methvin, Portis & Miles of Montgomery, along with Chris Money of Abbeville, represented the Robinsons.

We're here to help!

We live by our creed of “helping those who need it most” and have helped thousands of clients get the justice they desperately needed and deserved. If you feel you have a case or just have questions please contact us for a free consultation. There is no risk and no fees unless we win for you.

Fields marked * may be required for submission.

Best firm by far

Our case was handled with the utmost integrity and professionalism. If I could give them 10 stars, I would. This is the best legal firm I have ever dealt with by far.

—Pat