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.
