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Investment Cases

Tried to verdict a case where the plaintiff alleged that our client (a fitness company and its owner) had induced him to invest substantial sums of money into a business in exchange for the repayment of loans, ownership in a business, and other benefits. The Plaintiff had begun taking steps towards franchising the business and allegedly believed millions would be made. After that failed to occur, the plaintiff alleged piercing the corporate veil, breach of fiduciary duty, and sought a constructive trust over a new company that our client had formed. We were able to obtain the dismissal of our individual client before trial. The plaintiff proceeded to trial against the new company that our client had formed. At trial, we prevailed in demonstrating that there was no liability against the new company that had been formed. (Will County, Joliet, Illinois, Judge Petrungaro)

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