|By PR Newswire||
|March 19, 2014 05:40 PM EDT||
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
Traditional on-premises data centers have long been the domain of modern data platforms like Apache Hadoop, meaning companies who build their business on public cloud were challenged to run Big Data processing and analytics at scale. But recent advancements in Hadoop performance, security, and most importantly cloud-native integrations, are giving organizations the ability to truly gain value from all their data. In his session at 19th Cloud Expo, David Tishgart, Director of Product Marketing ...
Aug. 30, 2016 05:00 PM EDT Reads: 889
Aug. 30, 2016 04:15 PM EDT Reads: 954
Aug. 30, 2016 03:30 PM EDT Reads: 3,766
Aug. 30, 2016 03:00 PM EDT Reads: 846
Aug. 30, 2016 02:30 PM EDT Reads: 948
Aug. 30, 2016 02:30 PM EDT Reads: 1,033
Aug. 30, 2016 02:00 PM EDT Reads: 3,760
Aug. 30, 2016 01:45 PM EDT Reads: 647
Aug. 30, 2016 01:30 PM EDT Reads: 866
Aug. 30, 2016 01:20 PM EDT Reads: 248
Aug. 30, 2016 01:15 PM EDT Reads: 2,065
Aug. 30, 2016 01:00 PM EDT Reads: 3,230
Aug. 30, 2016 11:45 AM EDT Reads: 799
Aug. 30, 2016 10:30 AM EDT Reads: 413
Aug. 30, 2016 09:45 AM EDT Reads: 1,073