Case Studies

Fiduciary Duty Violation, Georgia

J.S. Held Acquires Shechter & Everett to Expand Forensic Accounting Capabilities for Family Law Disputes in Florida

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Home·Fiduciary Duty Violation, Georgia

The Situation

Our team worked with counsel representing a value reseller of precision instruments against a defendant accused of violating various fiduciary duties pursuant to a limited liability operating agreement. After a week-long trial, the jury awarded our client approximately $3M on the breach of fiduciary duty claim, including compensatory damages, punitive damages, and attorney’s fees. Of particular note, the compensatory damages closely mirrored that of our expert report. The punitive damages were not subject to the state of Georgia’s statutory cap because the jury found that the defendant acted with specific intent to harm the plaintiff.

How We Advised

J.S. Held was retained by counsel for the plaintiff to assess whether economic damages existed and, if so, calculate the damages attributable to the defendant. In addition to the economic damages analyses, we assisted with document review and deposition preparation. We also analyzed the plaintiff’s historical financial results (financial statements and tax returns) and customer projections.

Related Practice Areas

> Commercial Litigation
Our team is retained in cases involving breach of contract, business interruption, construction defect, partnership disputes, intellectual property disputes, and other general business litigation.

> Economic Damages & Valuations
We combine financial expertise with industry and market knowledge to quantify economic impact and determine the value of tangible and intangible assets.

Key Contact

For additional information about the engagement or to learn more about our services, contact:

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