Litigation
Jun. 22, 2016
Arbitrator awards $36.6 million in alleged loan fraud case
An arbitrator awarded A.W. Financial Group $36.6 million after a four-year battle in an alleged loan fraud case, said the company's lead trial counsel, Tom Lallas of Levy, Small & Lallas in Los Angeles.
Daily Journal Staff Writer
An arbitrator awarded A.W. Financial Group $36.6 million after a four-year battle in an alleged loan fraud case, said the company's lead trial counsel, Tom Lallas of Levy, Small & Lallas in Los Angeles.
Acting under the American Arbitration Association in a private trial, arbitrator Jack Newman awarded $34.6 million in compensatory damages and an additional $2 million i...
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