In an action brought against a Trustee of a Trust, the attorney who advised the Trustee and set up various legal vehicles for the trustee's use and the brokerage firm which held the trust assets, the firm negotiated a substantial settlement on behalf of the Trust. The allegations were that the brokerage and the attorney both knew or had reason to know that the Trustee was raiding the Trust for his own benefit, but failed to notify the Trust of that information and, in the case of the attorney, enabled the Trustee in that conduct by creating certain legal vehicles that facilitated that conduct.
The identities of the parties and the amount of the settlement were made confidential as a condition of settlement by the defendants. |
The Law Offices of James Geagan assists clients with Elder Abuse, Nursing home neglect, Will and Trust Disputes (will contests), Workplace Injuries, Discrimination, Product Liability, Automobile Accidents, Medical Malpractice, and Wrongful Death cases in San Francisco, Oakland, Berkeley, San Jose, San Rafael, Redwood City, Vallejo, Fairfield, Fremont, Walnut Creek, Concord, Santa Rosa, Daly City, Albany, Alameda, El Cerrito, Sonoma, Napa, and throughout San Francisco, Alameda, San Mateo, Santa Clara, Contra Costa, Solano, Marin, Sonoma, and Napa counties.