Dispute over undisclosed income settles for $1.65 million

Business fraud resulting in undisclosed income to the defendant.

Settlement Report

Type of action: Business fraud

Injuries alleged: Undisclosed income

Case name: Confidential

Case number: Confidential

Court: Confidential

Verdict or settlement: Pre-trial settlement

Date: 2010

Amount: $1.65 million               

Experts: Confidential

Were liability and/or damages contested? Yes

Was the opposing party represented by legal counsel? Yes

Has the plaintiff been successful in actually collecting the judgment? Yes

Plaintiff’s attorneys: James A. Roberts III (Raleigh), Gary V. Mauney (Charlotte) and Paul R. Dickinson Jr. (Charlotte), all of Lewis & Roberts

Editor’s note: The information in Lawyers Weekly’s verdicts and settlements reports was submitted by the counsel for the prevailing party and represents the attorney’s characterization of the case.