Dan Marino, Other Investors in Line for $23 Million in Interest
Retired Miami Dolphins quarterback Dan Marino and other high-profile investors win $23 million in interest to pile on top of a $44 million verdict over a failed real estate deal.
July 04, 2017 at 10:00 AM
10 minute read
The latest win for retired Miami Dolphins quarterback Dan Marino came in the courtroom when Broward Circuit Judge John B. Bowman awarded nearly $23.2 million in prejudgment interest to the football legend and other high-profile investors in a failed real estate venture.
That eight-figure interest award follows a nearly $44 million verdict in March for two companies, Veranda Condominium I LLC and West City Realty Advisors LLC. Marino invested with billionaire Wayne Huizenga and former AutoNation Inc. executive Michael Maroone and others in the limited liability companies.
Leading the litigation were Conrad & Scherer partners Albert Frevola Jr. and William Scherer, who in March said the plaintiffs' game plan was to present a simple case to the jury, seeking actual losses — and not other claims like lost deposits and commissions.
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