Ervin Cohen & Jessup secures $6 million verdict for victim of fraud, financial elder abuse
Retrieved on:
Wednesday, January 24, 2024
BEVERLY HILLS, Calif., Sept. 25, 2023 /PRNewswire/ -- Attorneys at Ervin Cohen & Jessup LLP recently secured a $6 million verdict in favor of their client, an 87-year-old Arcadia man whose finances were devastated by the malicious actions of his financial advisor.
Key Points:
- BEVERLY HILLS, Calif., Sept. 25, 2023 /PRNewswire/ -- Attorneys at Ervin Cohen & Jessup LLP recently secured a $6 million verdict in favor of their client, an 87-year-old Arcadia man whose finances were devastated by the malicious actions of his financial advisor.
- After the devastation wrought on Horner's finances became apparent, he turned to Ervin, Cohen & Jessup partner Michael Lieb and associate Zoe Vallier to pursue litigation against Strong in Los Angeles County Superior Court.
- The court thus awarded $2.556 million in compensatory damages which it doubled based on the court's finding of financial elder abuse to $5.1 million.
- Michael Lieb and Zoe Vallier of Ervin Cohen & Jessup represented Mr. Strong.