Martin Circuit Court. (Courtesy photo) South Florida Litigators Land $10.2M Verdict for Agricultural Start-Up
"It was challenging to show lost profits for a business that never sold what it was making," said Gregory Weiss, a partner at Mrachek, Fitzgerald, Rose, Konopka, Thomas & Weiss.
April 29, 2024 at 01:46 PM
4 minute read
Verdicts-Settlements
What You Need to Know
- The plaintiffs had to show lost profits even though the business had not yet sold its products.
- An exchange on the stand with an employee for the defendants fueled the plaintiff's closing arguments.
- After a three-week trial and less than two hours of deliberations, jurors returned $10.2 million to the plaintiffs.
South Florida attorneys' valuation theory posed by an expert and their grilling of a defendant's farm manager on the stand, was likely critical to the eight-figure verdict a state court jury returned to a start-up agricultural business.
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