COLUMBUS, Ohio, Jan. 16, 2014 /PRNewswire/ -- A state court jury in Columbus, Ohio, unanimously awarded a full recovery under Ohio's securities laws to an elderly client represented by the law firm of Meyer Wilson, LPA (Case No. 13-CV-000287, Franklin County Court of Common Pleas, Columbus).
According to attorney David P. Meyer, the managing principal of Meyer Wilson, "Our client lost her entire life savings in this investment scam and we are honored to have the opportunity to fight to recover her hard-earned money."
Meyer Wilson attorney Courtney M. Yeager, who represented the investor at the trial, explained that because the company that actually sold the investment filed bankruptcy several years ago, the trial focused on a member of the former company's board of directors for "aiding" in the company's fraud. Under Ohio's securities laws, anyone who participated in or aided the company "in any way" in committing the fraud is liable for the full amount of the investment loss. Columbus attorney John Camillus tried the case with Ms. Yeager.
"This is an important win for individual investors in the state of Ohio," states Meyer, "because it sends a clear message to executives and agents of companies that sell fraudulent securities to Ohio individuals that they cannot escape responsibility simply by closing the doors and wiping their hands of the company's mess."
For more information about this case or other investment loss-related issues please contact one of the attorneys at Meyer Wilson, LPA. The law firm is a nationally recognized investment fraud firm representing individual and institutional investors who are victims of investment advisor negligence, fraud, Ponzi schemes, and other investment-related losses. For more information, please contact attorney David P. Meyer at 888-390-6491.
About Meyer Wilson Co., LPA
The mission of the Meyer Wilson law firm is: (1) to educate individual investors about how to avoid becoming a victim of investment fraud; and (2) to raise the awareness that there are legal options available to recover losses caused by investment misconduct.
The investment fraud lawyers at Meyer Wilson have successfully represented more than eight hundred individual investors from across the country in securities arbitration and litigation against all major brokerage firms and won verdicts, judgments and settlements of hundreds of millions of dollars in losses on their behalf.
David P. Meyer, Esq.
Meyer Wilson Co., LPA
Meyer Wilson | Ohio
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Columbus, OH 43215
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SOURCE Meyer Wilson Co., LPA