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Securities
Breach of Fiduciary Duty
Elderly Abuse

Roberta Noel Britt, Roberta Noel Britt Trust v. Daryl Marc Holzberg, Kenneth Charles Miles

Published: Mar. 28, 2015 | Result Date: Feb. 25, 2015 | Filing Date: Jan. 1, 1900 |

Case number: 14-00565 Arbitration –  $100,000

Court

FINRA


Attorneys

Claimant

David G. Liebrader


Facts

Roberta Noel Britt and the Roberta Noel Britt Trust filed a complaint against Daryl Holzberg, and Kenneth Miles, in connection with claimants' investments in Striker Petroleum and Watermark Marina Islamorada.

Contentions

CLAIMANTS' CONTENTIONS:
Claimants asserted claims for breach of fiduciary duty, misrepresentation and omissions, negligence, breach of contract, and abuse of elderly or dependent conduct.

Damages

Claimants requested compensatory damages amounting to no less than $100,000 plus punitive and exemplary damages, interest, and attorney fees and costs.

Result

The arbitrator made no finding with respect to claimants' claims against Holsberg, who had filed for bankruptcy in 2011. Then, the arbitrator found Miles, who failed to file an answer, liable to claimants in the amount of $100,000.

Other Information

FILING DATE: Feb. 19, 2014.


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