Press Release Distribution
 

Members Login  |  Register  |  Why Join?   Follow us on Google+Follow us on TwitterFind us on LinkedInFind Us on FacebookSubscribe to our RSS FeedsSubscribe to our YouTube ChannelFind us on RebelMouse

Video Releases    |    Pricing & Distribution Plans    |    Today's News    |    News By Category    |    News By Date    |    Business Directory
All Press Releases for July 16, 2012 »
RSS Feeds RSS Feed     Print this news Printer Friendly     Email this news Email It    Create PDF PDF Version   



$118 Million Verdict Against First National Bank and Conroe Area Lawyer

Defendants found guilty of Fraud, Breach of Contract, Conversion and Breach of Fiduciary Duty
 
x-small text small text medium text large text

    HOUSTON, TX, July 16, 2012 /24-7PressRelease/ -- A Harris County State District Court jury awarded a $118 million verdict to six investors that were defrauded by First National Bank of Edinburg, Conroe attorney Eric Yollick and a healthcare management group (Cause #2010-41034). Members of the jury found that First National Bank, Eric Yollick and the Merensky Reef Hospital Corporation breached their written agreement and committed fraud when the Defendants wrongfully conspired to take possession of three hospitals purchased by the investor plaintiffs.

Zona Jones of the Provost Umphrey Law Firm says, "The jury found this financial institution and their lawyer enticed our clients to enter into a written agreement that the Defendants never intended to honor." Co-lead counsel, Mike McCauley of McWhorter, Cobb and Johnson in Lubbock commented "The jury listened intently during the five-week trial and held these defendants accountable for intentionally breaking the law."

In addition to Jones and McCauley, Plaintiffs were represented by, Tim Pridmore and Andrew Seger of the McWhorter firm, along with Pat Zummo of The Law Offices of Patrick Zummo. Marc Tabolsky and Dori K. Goldberg of Yetter Coleman in Houston also assisted in the prosecution of Plaintiff's case.

Defendants were represented by Eric Yollick and Travis Owens of the Yollick Law Firm, Levi Benton of Benton and Massey in Houston, and former Texas Supreme Court Justice, Scott A. Brister of Andrews Kurth.

For more than forty years, Provost Umphrey's mission has remained to seek justice for those suffering from a personal injury, wrongful death or other legal wrong across Texas and nationwide through their lawyers in Beaumont and Houston, Little Rock, Arkansas and Nashville, Tennessee. www.provostumphrey.com



---
Press release service and press release distribution provided by http://www.24-7pressrelease.com


# # #

Read more Press Releases from Miranda Sevcik:


Contact Information:
Miranda Sevcik
Provost Umphrey

Beaumont, TX
USA
Voice: 409-299-5178
E-Mail: Email us Here
Website: Visit Our Website
Disclaimer:
If you have any questions regarding information in this press release, please contact the person listed in the contact module of this page. Please do not attempt to contact 24-7PressRelease. We are unable to assist you with any information regarding this release. 24-7PressRelease disclaims any content contained in this press release. Please see our complete Terms of Service disclaimer for more information.