SettlementBoard.com News, Articles and Information for Legal Junkies

7Feb/080

Wrongful Termination – $1,350,000 Settlement

The law firm of Venardi Elam LLP successfully obtained a $1,350,000 confidential settlement for a client who was wrongfully terminated after he participated in a sexual harassment investigation and reported discriminatory conduct on behalf of his supervisors. The harassment settlement was the highest settlement amount ever paid to an individual claimant by this large financial institution, but only after lengthy and vigorous litigation.

www.vefirm.com

5Feb/080

Insurance Bad Faith Claim – $1,250,000 Settlement

The firm of Venardi Elam LLP obtained a $1,250,000 confidential settlement for their clients in an insurance bad faith claim after the insurer denied their clients’ water damage and mold claim. They were the fifth lawyers to represent the clients, and the previous lawyer had recommended a settlement for less than $100,000, which was the estimated amount owed under the home owner’s policy. Venardi Elam LLP believed that the insurer had acted in bad faith, and the clients deserved to be compensated, so they properly funded the case, properly worked it up, and aggressively litigated the matter. After over 1 year of very hard-fought litigation, they obtained a $1,300,000 settlement for our clients.

www.vefirm.com

Reference: Property Insurance Laws, Insurance Fraud