Lives and businesses can be destroyed by the malpractice of professionals whose sole purpose is supposed to be to serve the best interests of their clients. These professionals, such as attorneys, accountants, investment advisers, real estate brokers, and insurance agents are put in a position of trust and owe a “fiduciary” duty to their clients. When such professionals breach their fiduciary duty, people and their businesses suffer. David A. Axelrod & Associates represents the victims of those who have been injured as a result of such breaches of fiduciary duty.
David A. Axelrod & Associates has used its trial and litigation skills to recover millions of dollars on behalf of clients whose businesses and investments were lost and/or damaged because of negligence by those they trusted. These cases have included professional negligence by attorneys, accountants, real estate brokers, insurance brokers, investment advisors, and others with fiduciary responsibilities involved in business deals every day.
As with every case that David A. Axelrod & Associates handles, each professional negligence case is prepared with the expectation that it will go to trial. From the day the firm is retained, our attorneys develop the trial strategy that will result in the greatest recovery for our clients.
This approach has resulted in substantial successes for the clients of David A. Axelrod & Associates as follows:
- Won a jury verdict of $31,351,107 against Walgreen Co. due to its failure to properly control and inventory the use of narcotic controlled substances causing the jury to find that a drug abusing pharmacist placed the wrong pills into a customer's prescription bottle which led to permanent kidney failure and brain injuries and, ultimately, death;
- Recovered over $2,600,000 for a construction and lighting business which had the money stolen from its corporate profit sharing plan by one of its employees. The recovery was frm a series of businesses including the former employee, the investment advisor firm, the national accounting firm and the corporate administrator of the profit sharing plan;
- Won a $1,083,906 verdict from a Chicago real estate broker and investor who cheated the client out of real estate and personal wealth. The broker was found to have defrauded the client as well as breached his fiduciary duties thereby causing the judge to assess punitive damages as part of the award; and
- Won $765,000 in a legal malpractice case arising from an attorney=s failure to preserve an argument on appeal leading to the reversal of an award in favor of the client based on employment discrimination against General Motors Corp.;
- Procured $730,000 from divorce attorneys who had failed to discover the value of marital assets and consequently recommended that the client accept a settlement that was for hundreds of thousands of dollars less than she was entitled to under the law; and
- Won a $700,000 jury verdict on behalf of a client who purchased an office building based upon the understanding that the building contained limited amounts of asbestos caused by the report of a nationally known environmental inspection firm.
View "Wratschko v. Pavlovic" Case Study
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