Lawrence and Georgianna Musselman v. Re/Max Estate Properties, et al.
Published: Nov. 12, 1994 | Result Date: Sep. 14, 1994 | Filing Date: Jan. 1, 1900 |Case number: BC086198 – $853,000
Judge
Court
L.A. Superior Central
Attorneys
Plaintiff
Defendant
Richard E. Grey
(Grey Law Group)
Experts
Defendant
Hugh Weiss
(technical)
Facts
Plaintiffs Lawrence and Georgianna Musselman, a retired couple, invested $650,000 in second trust deeds offered by Defendant Re/Max Estate Properties through its sales agent, Judithe Solo. The borrowers on the notes defaulted and Plaintiffs lost the entire amount.
Settlement Discussions
Plaintiff contends that they demanded $650,000 and Defendants made no offers.
Damages
$853,000 for lost investments and interest on notes.
Injuries
Emotional distress.
Result
The jury found Defendant Judithe Solo liable and Defendant Re/Max Estate Properties liable only as her principal; no malice or fraud found.
Deliberation
3.5 days
Poll
12-0
Length
5 days
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