Click here to close now.




















Welcome!

News Feed Item

The Layfield Law Firm Secures $11.2 Million Verdict in Orange County

The Layfield Law Firm, APC - a Los Angeles business litigation and personal injury law firm - recently secured an $11.2 million verdict in Orange County on behalf of a client that was financially harmed by a financial scheme involving bank instrument frau

ORANGE COUNTY, Calif., March 19, 2014 /PRNewswire/ -- The Layfield Law Firm, APC has built a reputation for handling complex cases other firms are unwilling to touch, and has recovered millions on behalf of clients who have been physically or financially harmed by the conduct of others. In a recent case handled by the firm, the firm's team of business litigation lawyers – led by founding attorney Philip J. Layfield – managed to successfully secure an $11.2 million verdict on behalf of a client that suffered financial losses as the result of a financial scheme (Case no. 30-2012-00551939, Orange County, CA).

Defendants named in the case – Dakota Holdings, Inc., Global Business Systems, LLC, Matthew Anderson, and Claudia Lopez – were part of the Anderson Group, which misrepresented itself as a group of legitimate professionals. The group was orchestrated by Matthew Anderson. According to the claim filed by The Layfield Law Firm, a previous lawsuit against Anderson claimed that the group's common purpose was to steal money from victims, conceal stolen funds, and avoid legal action and collections. The Layfield Law Firm's lawsuit made similar allegations.

The Layfield Law Firm's client – Element Capital – was a developer of residential properties in Utah. Because of traditional banks' unwillingness to lend during the financial crisis, Element sought alternative sources of financing, eventually coming into contact with Anderson through a financial advisor. Court documents state that prior to entering into a funding agreement with Element in 2009, Anderson made false and misleading representations regarding his group's professional status, as well as false statements about its ability to provide funding.

Attorney Philip J. Layfield was lead trial attorney on the case, with Attorney Christopher Walton as second chair. As a result of their extensive experience, persistence, and thoroughness, The Layfield Law Firm was able to expose Anderson for running a fraudulent scheme, as well as the framework for which financial manipulations were committed against victims, including Element Capital. After litigating the case, Attorney Layfield secured an $11.2 million verdict. This successful resolution not only ensured that justice was served and that Element's losses were recovered, but also that future potential victims would not fall victim to Anderson's deceit.

The Layfield Law Firm, APC provides full-service business litigation and personal injury representation to clients throughout Southern California and Utah. Throughout the years, the firm has secured more than $70 million in compensation on behalf of clients, including million dollar recoveries in complex bank instrument fraud cases. The firm fights aggressively on behalf of clients, and has built a reputation for handling challenging cases other firms turn down. More information about The Layfield Law Firm can be found on the firm's website: www.layfield-law.com.

SOURCE The Layfield Law Firm, APC

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, discussed why containers should be paired with new architectural practices such as microservices rathe...
With the proliferation of connected devices underpinning new Internet of Things systems, Brandon Schulz, Director of Luxoft IoT – Retail, will be looking at the transformation of the retail customer experience in brick and mortar stores in his session at @ThingsExpo. Questions he will address include: Will beacons drop to the wayside like QR codes, or be a proximity-based profit driver? How will the customer experience change in stores of all types when everything can be instrumented and a...
It’s been proven time and time again that in tech, diversity drives greater innovation, better team productivity and greater profits and market share. So what can we do in our DevOps teams to embrace diversity and help transform the culture of development and operations into a true “DevOps” team? In her session at DevOps Summit, Stefana Muller, Director, Product Management – Continuous Delivery at CA Technologies, answered that question citing examples, showing how to create opportunities for ...
As more and more data is generated from a variety of connected devices, the need to get insights from this data and predict future behavior and trends is increasingly essential for businesses. Real-time stream processing is needed in a variety of different industries such as Manufacturing, Oil and Gas, Automobile, Finance, Online Retail, Smart Grids, and Healthcare. Azure Stream Analytics is a fully managed distributed stream computation service that provides low latency, scalable processing of ...
Everyone talks about continuous integration and continuous delivery but those are just two ends of the pipeline. In the middle of DevOps is continuous testing (CT), and many organizations are struggling to implement continuous testing effectively. After all, without continuous testing there is no delivery. And Lab-As-A-Service (LaaS) enhances the CT with dynamic on-demand self-serve test topologies. CT together with LAAS make a powerful combination that perfectly serves complex software developm...
WebRTC has had a real tough three or four years, and so have those working with it. Only a few short years ago, the development world were excited about WebRTC and proclaiming how awesome it was. You might have played with the technology a couple of years ago, only to find the extra infrastructure requirements were painful to implement and poorly documented. This probably left a bitter taste in your mouth, especially when things went wrong.
Any Ops team trying to support a company in today’s cloud-connected world knows that a new way of thinking is required – one just as dramatic than the shift from Ops to DevOps. The diversity of modern operations requires teams to focus their impact on breadth vs. depth. In his session at DevOps Summit, Adam Serediuk, Director of Operations at xMatters, Inc., will discuss the strategic requirements of evolving from Ops to DevOps, and why modern Operations has begun leveraging the “NoOps” approa...
As more intelligent IoT applications shift into gear, they’re merging into the ever-increasing traffic flow of the Internet. It won’t be long before we experience bottlenecks, as IoT traffic peaks during rush hours. Organizations that are unprepared will find themselves by the side of the road unable to cross back into the fast lane. As billions of new devices begin to communicate and exchange data – will your infrastructure be scalable enough to handle this new interconnected world?
In today's digital world, change is the one constant. Disruptive innovations like cloud, mobility, social media, and the Internet of Things have reshaped the market and set new standards in customer expectations. To remain competitive, businesses must tap the potential of emerging technologies and markets through the rapid release of new products and services. However, the rigid and siloed structures of traditional IT platforms and processes are slowing them down – resulting in lengthy delivery ...
SYS-CON Events announced today that IceWarp will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. IceWarp, the leader of cloud and on-premise messaging, delivers secured email, chat, documents, conferencing and collaboration to today's mobile workforce, all in one unified interface
In their Live Hack” presentation at 17th Cloud Expo, Stephen Coty and Paul Fletcher, Chief Security Evangelists at Alert Logic, will provide the audience with a chance to see a live demonstration of the common tools cyber attackers use to attack cloud and traditional IT systems. This “Live Hack” uses open source attack tools that are free and available for download by anybody. Attendees will learn where to find and how to operate these tools for the purpose of testing their own IT infrastructu...
Whether you like it or not, DevOps is on track for a remarkable alliance with security. The SEC didn’t approve the merger. And your boss hasn’t heard anything about it. Yet, this unruly triumvirate will soon dominate and deliver DevSecOps faster, cheaper, better, and on an unprecedented scale. In his session at DevOps Summit, Frank Bunger, VP of Customer Success at ScriptRock, will discuss how this cathartic moment will propel the DevOps movement from such stuff as dreams are made on to a prac...
Too often with compelling new technologies market participants become overly enamored with that attractiveness of the technology and neglect underlying business drivers. This tendency, what some call the “newest shiny object syndrome,” is understandable given that virtually all of us are heavily engaged in technology. But it is also mistaken. Without concrete business cases driving its deployment, IoT, like many other technologies before it, will fade into obscurity.
SYS-CON Events announced today that G2G3 will exhibit at SYS-CON's @DevOpsSummit Silicon Valley, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. Based on a collective appreciation for user experience, design, and technology, G2G3 is uniquely qualified and motivated to redefine how organizations and people engage in an increasingly digital world.
Consumer IoT applications provide data about the user that just doesn’t exist in traditional PC or mobile web applications. This rich data, or “context,” enables the highly personalized consumer experiences that characterize many consumer IoT apps. This same data is also providing brands with unprecedented insight into how their connected products are being used, while, at the same time, powering highly targeted engagement and marketing opportunities. In his session at @ThingsExpo, Nathan Trel...