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. Among the successes of the firm’s attorneys in the field of professional negligence are the following:
- Won a $31.35 million dollar verdict, including $25 million in punitive damages, against Walgreen Company for pharmacy malpractice;
- Won a verdict of more than $1 million, including $300,000 for punitive damages, for fraud and breach of fiduciary duty against a real estate broker;
- Won a summary judgment in a legal malpractice claim against an attorney who had represented a former General Motors executive. The case settled for $765,000 soon thereafter;
- Negotiated a settlement of $730,000 for the plaintiff in a legal malpractice case against divorce attorneys;
- Won a jury verdict against a professional environmental inspection firm for negligent misrepresentation in the amount of $700,000;
- Negotiated a settlement of an accounting and audit malpractice case against a national accounting firm in the amount of $450,000;
- Negotiated a settlement from a third party administrator of a profit sharing/401(k) retirement plan in the amount of $450,000.
View "Wratschko v. Pavlovic" Case Study
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