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Earns Mark A. Tepper law firm Attorney Fees in 2010Ft. Lauderdale, Fl. & New York, NY. Nov. 30, 2010 –A complex series of legal arguments which began following a 2003 arbitration award to holocaust survivors, has resulted in the further award this month of attorney fees and costs to the law firm of securities fraud attorney Mark A. Tepper. The court awarded Attorney and Paralegal fees totaling $685,010.25 plus costs in the amount of $97,602.92. “This is a significant and welcome judgment by the Court of New York in granting our clients’ motions for attorneys’ fees and costs. We were determined that our clients had faced enough hardship and should not have to pay a penny for our work in recovering losses they suffered from alleged stock fraud and market manipulation,” Tepper said. An NASD panel had awarded Tepper’s clients attorney fees, costs, and compensatory and punitive damages following a claim filed in 2003. However legal arguments ensued which included appeals and counter appeals before courts in Florida and New York, culminating in the ruling this month by the United States District Court, Southern District of New York. In his ruling United States District Judge Richard Owen noted, “This was a complex case with a significant risk of non-payment which investors’ attorneys successfully litigated on a contingency basis.” “Protecting investors is a top priority for our firm and this was a hard fought case against tough legal adversaries. We and our clients are very pleased with this ruling which speaks to the tenacity of this firm to go the distance on their behalf,” Tepper said. About Mark A. Tepper, P.A. (www.MarkTepper.com) MEDIA CONTACT: |
