Provident royalties liquidating trust

The punitive damage award in (ed: Four other promissory note cases, all but one of them contested, resulted in damage assessments of more than .5 million.

So did two Customer-Member cases, although one of the latter divided the award among several claimants, and the other — to another institutional claimant — only met that threshold if one counts attorney fees awarded.) Like what you see here?

Top Punitive Damage Award Finally, the largest punitive damage award was .5 million on a third-party claim by two brokers against a third one in Customer-Member Award, , FINRA ID #12-03372 (San Diego, CA, 6/3/14) after the original claim settled.

The Panel found that the third-party respondent had instigated the complaints of the customer claimants, manufactured evidence against the two brokers, and defamed them.

Tullett (nka Tullett Prebon) recovered more than .3 million from a competitor, BGC Financial, which raided 20% of Tullett’s broker ranks, and eight brokers who facilitated the raid.

Still, this was much lower than Tullett’s request, which at one point amounted to 4 million in compensatory and

The punitive damage award in (ed: Four other promissory note cases, all but one of them contested, resulted in damage assessments of more than $2.5 million.So did two Customer-Member cases, although one of the latter divided the award among several claimants, and the other — to another institutional claimant — only met that threshold if one counts attorney fees awarded.) Like what you see here?Top Punitive Damage Award Finally, the largest punitive damage award was $2.5 million on a third-party claim by two brokers against a third one in Customer-Member Award, , FINRA ID #12-03372 (San Diego, CA, 6/3/14) after the original claim settled.The Panel found that the third-party respondent had instigated the complaints of the customer claimants, manufactured evidence against the two brokers, and defamed them. Tullett (nka Tullett Prebon) recovered more than $33.3 million from a competitor, BGC Financial, which raided 20% of Tullett’s broker ranks, and eight brokers who facilitated the raid.Still, this was much lower than Tullett’s request, which at one point amounted to $514 million in compensatory and $1 billion in punitive damages, by far the largest demand asserted in either category!Barclays also recovered from another defaulting broker in the same case, for a total award of more than $6.6 million.

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The punitive damage award in (ed: Four other promissory note cases, all but one of them contested, resulted in damage assessments of more than $2.5 million.

So did two Customer-Member cases, although one of the latter divided the award among several claimants, and the other — to another institutional claimant — only met that threshold if one counts attorney fees awarded.) Like what you see here?

Top Punitive Damage Award Finally, the largest punitive damage award was $2.5 million on a third-party claim by two brokers against a third one in Customer-Member Award, , FINRA ID #12-03372 (San Diego, CA, 6/3/14) after the original claim settled.

The Panel found that the third-party respondent had instigated the complaints of the customer claimants, manufactured evidence against the two brokers, and defamed them.

Tullett (nka Tullett Prebon) recovered more than $33.3 million from a competitor, BGC Financial, which raided 20% of Tullett’s broker ranks, and eight brokers who facilitated the raid.

Still, this was much lower than Tullett’s request, which at one point amounted to $514 million in compensatory and $1 billion in punitive damages, by far the largest demand asserted in either category!

Barclays also recovered from another defaulting broker in the same case, for a total award of more than $6.6 million.

Top Customer Awards The second largest award of 2014 was $11,570,000 in compensatory damages to the Trustee of the PR Liquidating Trust, seeking to recover money on behalf of investors in Provident Royalties, LLC, in , FINRA ID #13-03108 (On the Papers, 10/24/14), as the result of a default judgment.

billion in punitive damages, by far the largest demand asserted in either category!

Barclays also recovered from another defaulting broker in the same case, for a total award of more than .6 million.

Top Customer Awards The second largest award of 2014 was ,570,000 in compensatory damages to the Trustee of the PR Liquidating Trust, seeking to recover money on behalf of investors in Provident Royalties, LLC, in , FINRA ID #13-03108 (On the Papers, 10/24/14), as the result of a default judgment.

The largest award to a group of customers was a total of almost .9 million, including .3 million in compensatory damages, to seven claimants, in , FINRA ID #13-02109 (Houston, TX, 3/26/14).

In addition, he has extensive experience representing clients in insolvency-related litigation, including avoidance actions and D&O litigation.

His experience extends to many industries including retail, energy, food services, transportation, telecommunications, health care. Kevin’s clients appreciate his ability to understand their business, and develop and execute on a strategy that helps them accomplish their goals in restructuring or liquidation.

The music has stopped for Boogie Investment Group Inc., yet another small broker-dealer felled — in part— by the cost of litigation resulting from the sale of failed oil and gas private placements for Provident Royalties LLC.

Boogie, based in Melbourne, Fla., filed its broker-dealer withdrawal request with the Financial Industry Regulatory Authority Inc.

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