LFDS client, who was sued for in excess of $21 million, is found not liable by a Dallas Jury and verdict upheld by the Dallas Court of Appeals

LFDS client was represented by Alan Loewinsohn, in a lawsuit filed in Dallas District Court by two plaintiffs claiming in excess of $21 million dollars in damages arising out of oil and gas transactions, based on claims for breach of fiduciary duty and other related claims. On November 20, 2013, a Dallas Jury returned a unanimous verdict in favor of LFD client resulting in the entry of a judgment dismissing all of the plaintiffs claims, with no recovery against LFD client. On December 17, 2013, the trial court entered a judgment affirming the jury verdict. On May 12, 2015, the Dallas Court of Appeals affirmed the trial court’s judgment.