Fort Worth Telecom Business Wins Multimillion Dollar Jury Verdict in Trade Secret Dispute
Award could reach as high as $31M for XIP, including $8M in punitive damages secured by Boyd, Powers & Williamson
FORT WORTH – A Tarrant County jury returned a verdict for Fort Worth-based telecom company XIP LLC after finding that CommTech Sales LLC of Plano unlawfully used XIP’s trademarks and trade secrets.
The May 6 verdict includes damages from infringed sales and lost royalties caused by CommTech Sales and its former owner Michael McGraw.
The final judgment will be determined by the […]
Texas Jury Returns $1.7M Fraud Verdict Against Financial Services Firm, Convicted Fraudster
Jury agrees Equity Trust Co. failed oversight duties for defrauded investors
AUSTIN, Texas – A Travis County jury has returned a $1.7 million verdict against an Ohio-based financial services firm, finding that Equity Trust Co. knowingly and substantially aided a notorious Ponzi scheme operated by Robert Langguth in the Austin-area from 2004 to 2009. The jury found that Equity Trust could have brought the scheme to an end long before Laura Hampton lost over $1,000,000. Hampton was one of approximately 125 investors […]
Wise County Jury finds Insurance Company Guilty of Fraud
Awarded Local Gas Station $4.5M
DECATUR, Texas (January 2019) – Trial lawyers with Boyd Powers Williamson (BPW) have secured a combined $4.5 million award against an insurance company and a contractor on behalf of a North Texas gas station and convenience store trying to get repairs made after a hail storm.
On Jan. 25, Wise County jurors returned a $2 million verdict against Argonaut Great Central Insurance Co., its claims adjuster Vericlaim Inc., and SF Construction finding them liable for fraud, deceptive trade […]
Attorney Derrick Boyd Shares Lesson from Tarrant County Ponzi-like Scheme
Two Tarrant County Residents Defrauded 230 Investors of $345 Million in Ponzi-like Scheme
Firm partner Derrick Boyd sees many similarities between the recent Tarrant County case and a case he tried in Travis County. The Travis County trial arose out of a Ponzi-scheme operated by a man in the Austin area that used promissory notes to induce investors to make investments that turned out to be fraudulent. Boyd represented a number of investors victimized by that scheme.[…]
Fifth Circuit Rules Equity Trust Must Face Trial in Austin, Texas
Six years into litigation and Hampton turns a pivotal corner
NEW ORLEANS, LA The United States Fifth Circuit Court of Appeals issued its mandate today vacating an injunction issued by Judge Lee Yeakel that prevented Laura Hampton from pursuing her claims in Texas state court. Her claims were originally set for trial in June 2016, but at the request of Defendant, Equity Trust Company, Judge Yeakel issued an injunction barring that trial. Hampton appealed. The Fifth Circuit reversed that […]
Dallas Judge Enters Significant Judgment Following BBVA Compass Bank Fraud Verdict
Judgment supports fraud finding and bulk of December 2017 jury verdict
DALLAS – A Dallas judge has entered a significant judgment against BBVA Compass Bank and one of its executives in a ruling that upholds the majority of a December 2017 jury verdict against BBVA Compass Bank for fraud during loan renewal and modification negotiations with the developer of three northeast Tarrant County subdivisions.
The June 27 judgment by Dallas County State District Court Judge Staci Williams preserves all but one portion of […]
