Mississippi Litigation Review & Commentary

Mississippi Litigation Review & Commentary

Comments on the Latest Developments in Mississippi Civil Litigation

Philip is a trial attorney based in Jackson, Mississippi with a diverse civil litigation practice.

Tag Archives: Jud Lee

$1.8 Million Award in Mississippi FINRA Arbitration

Posted in Verdicts in Mississippi
The Investment News reports retirement investors won a $1.8 million FINRA arbitration award in Jackson against Raymond James for putting investors into penny stocks. It reports: A three-person, all-public Financial Industry Regulatory Authority Inc. arbitration panel found in favor of 20 claimants who alleged they had been hoodwinked by a broker in the then-Morgan Keegan… Continue Reading

$2.5 Million FINRA Arbitration Verdict for Mishandling Investment Brokerage Account

Posted in Verdicts in Mississippi
In 2013 I posted here about a $388,000 arbitration verdict against the local Morgan Stanley branch for mishandling an investment account.The case was one of several involving this particular branch. In the latest related case, on July 24, 2015, a separate three person FINRA arbitration panel rendered a total verdict of approximately $2.5 million against… Continue Reading

$388,000 Arbitration Verdict for Mishandling Brokerage Account

Posted in Verdicts in Mississippi
The Northside Sun reported a couple of weeks ago about a recent $388,000 arbitration verdict in favor of two Jackson metro residents against Morgan Stanley. The plaintiffs alleged that the local Morgan Stanley office mishandled their discretionary accounts and alleged negligence, gross negligence, suitability violations, fraud and breach of fiduciary duty. The arbitration was conducted… Continue Reading

$194,154 Bench Trial Verdict in Hinds County Breach of Contract Case

Posted in Hinds County Circuit Court, Verdicts in Mississippi
On April 25, 2013, Hinds County Circuit Judge Winston Kidd rendered a bench verdict of $194,154.95 in W&G Properties, LLC v. Hinds County Economic Development District. Here is the Court’s opinion and order. The trial was in June 2011. The case facts would be great for a contracts class in law school. HCEDD sold land… Continue Reading

$300,000 Jury Verdict in Federal Court Alienation of Affection Trial

Posted in Alienation of Affection Lawsuits, U.S. District Courts in Mississippi, Verdicts in Mississippi
On October 21, 2010 a federal court jury in Jackson rendered a plaintiff’s verdict of $300,000 in an alienation of affection case. Here is the Complaint in Ainsworth v. Gildea. The case settled before the jury could render a verdict on punitive damages. Here is the jury’s verdict form. Here is the Court’s order of dismissal.… Continue Reading