Peretz v. Cohn

VERDICT

Trial
06/09/15 – 06/12/15

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Play button overlay 45f08f27c7337d189e8c31e635b5d0a0781b273131135cd77ee8b6f12366e7a2

Summary

Two businessmen, Plaintiffs Peretz and Gabbay, invested $1.5 million in a Costa Rican real estate venture in 2008 on the advice of their attorney, Defendant Cohn, who also drafted a guarantee to protect their interests.The venture failed, the guarantee did not protect plaintiffs, and they lost their full investment.

Outcome

Verdict for Plaintifs on legal malpractice and breach of ficuciary duties counts.

Damages for plaintiffs on breach of fiduciary duties

Peretz: $1,002,900
Gabbay: $500,000

Total: $1,502,900

No punitive damages or attorney's fees.

Sessions

Recording Disclaimer: This proceeding was recorded in full.

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