Ellen Gache and EBG Investments LLP v. Levitt Capital Management LLC
Published: Jul. 13, 2013 | Result Date: Jun. 27, 2013 | Filing Date: Jan. 1, 1900 |Case number: 12-01423 Arbitration – Respondent
Facts
Ellen Gache filed suit against Levitt Capital Management LLC, alleging causes of action for breach of fiduciary duty, negligence, gross negligence, unsuitability, violation of Florida law, failure to disclose material facts and risks, breach of agreement, supervisory negligence, and other legal theories. The causes of action related to Gache's investments in an unspecified foreign sector fund comprised of foreign securities and equities.
Damages
Gache requested $842,267 in compensatory damages.
Result
The arbitration panel denied Gache's claims in their entirety and awarded Levitt Capital attorney fees and costs.
Other Information
ARBITRATORS: Harvey Allan Blicksilver, Michael A. Levin and Perry Earl Phillips
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