Posts Tagged ‘jury’

State Farm appeals Katrina-related whistleblower lawsuit ruling

GULFPORT — State Farm Fire and Casualty Co. has asked a judge to void a jury’s finding that the company defrauded the government involving a policyholder claim after Hurricane Katrina. Motions filed in U.S. District Court in Gulfport also seek a new trial The verdict came in April in a whistleblower lawsuit against the Illinois- [...] [...]

Justices uphold decision to throw out jury award against Trustmark

by Associated Press Published: March 26,2012

Tags: banking, Banks, construction, courts, finance, financial institutions, judges, judicial, judiciary, jury

JACKSON — The Mississippi Supreme Court has upheld its decision to throw out a $3.72 million jury award against Trustmark National Bank in a lawsuit brought by a construction firm. The Clarion-Ledger reports the construction company had accused the bank of improperly giving the state $1 million from the firm’s account. In 2009, A Hinds [...] [...]

Jury clears way to go after Stanford’s foreign bank accounts

by Associated Press Published: March 9,2012

Tags: bench, courts, investing, investments judicial, investors, judges, judiciary, jury, lawsuit, ponzi, scam, scheme

HOUSTON, Texas — A Texas jury cleared the way yesterday for U.S. authorities to go after $330 million in stolen investor funds sitting in frozen foreign bank accounts controlled by convicted Ponzi schemer R. Allen Stanford. The jury, which convicted the former tycoon on 13 of 14 fraud-related counts earlier this week, found there to [...] [...]

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