In a win for Greenspoon Marder, attorneys Beth-Ann Krimsky, John H. Pelzer and Steven Fender beat back a fraudulent inducement lawsuit in federal court against clients accused of duping investors out of $12 million in a failed Fort Lauderdale project.

The firm represented defendant Cortez Holding Group Inc. and its father-and-son principals, Talat and Jason Radwan, accused of misleading investors, inflating the cost of the investment property and hiding revenue on a hotel development deal that never materialized. They overcame eight claims by plaintiffs Al-Ghena International Corp. of Kuwait and Saudi Arabia-based Shairco for Trading Industry and Contracting in a victory affirmed June 22 by the U.S. Court of Appeals for the Eleventh Circuit.

The ruling “confirms what we knew all along,” Krimsky said. “The plaintiffs' allegations of fraud were false and meritless.”