Facts

This lawsuit involved fraud-based claims by plaintiffs against, among others, Ibrahim Mohammed, the co-founder and Chief Financial Officer of Production Capital, a purported film financing company. Defendant Mohammed solicited investments from Plaintiffs in film financing projects. Plaintiffs alleged that the projects were fake and that the entire enterprise was a Ponzi scheme. Plaintiffs also alleged that defendant Mohammed made material misrepresentations about the projects and his role in the company and that as a result, Plaintiffs lost their investments. Plaintiffs sued defendants Mohammed for fraud.

PLAINTIFF'S CONTENTIONS: Plaintiff claimed intentional fraud by defendant Ibrahim Mohammed.

DEFENDANT'S CONTENTIONS: Defendant Ibrahim Mohammed denied the allegations and claimed that the CEO of the company was the one responsible for the fraud.

Result

Jury verdict for plaintiffs of $1,668,787

Deliberation

one day

Poll

unanimous

Length

two weeks