Jury Awards $1.5M in Legal Mal Case
A Fulton County jury ordered a local lawyer to pay $1.5 million to a pair of investors whose money disappeared along with their dreams of a big payoff from a failed Costa Rican resort.
July 01, 2015 at 11:00 AM
7 minute read
A Fulton County jury ordered a local lawyer to pay $1.5 million to a pair of investors whose money disappeared along with their dreams of a big payoff from a failed Costa Rican resort.
The jury found attorney S. Alan Cohn and his former firm, Cohn, Fyvolent & Shaver, liable for claims of legal malpractice and breach of fiduciary duty stemming from Cohn's role in the ill-fated investment in the Santosha Resort development. It was to have been a 697-acre spread of individual hand-carved “estates” imported from Bali, boasting swimming pools, clubs and a recording studio, on Costa Rica's Golfito Bay.
Cohn, Fyvolent has since been absorbed by Aldridge Pite, a multistate firm specializing in financial and real estate law.
To view a video clip of the trial, click here.
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