Trial Win – $5.9 Million Verdict
After 3 years of litigation, Brown & Charbonneau, LLP obtained a favorable jury verdict in the amount of $5,909,554 in damages. The jury also elected to award punitive damages, and there is a punitive damages trial set for early January 2024.
This case involved a conversion action arising out the theft of funds from a chemical company in Buena Park, CA. From the end of 2011 to the beginning of 2020, the company’s bookkeeper funneled several million dollars from the company to himself and shell entities under his control. The defendants initially countersued, arguing that the funds were transferred pursuant to oral licensing agreements between the Plaintiff and the defendants. Those claims were thrown out prior to trial, and the case proceeded to trial on the Plaintiffs conversion/related claims.