Investment Fraud Attorney
John Lawrence Allen has represented thousands of clients over 30 years here are some representative cases:
Proven Investment Fraud Attorney John Allen:
Since we started practicing – in 1989, our expertise in securities law has managed to consistently resolve clients’ cases and recover their losses. Our ability, passion and commitment to clients’ needs are evident in every successful resolution we have obtained, and we are intent on building upon our record of success.
Prudential Securities to Pay Largest Single Payout in History:
John Lawrence Allen represented hundreds of investors in the Prudential Limited Partnership fraud in which Prudential Bache Securities, Inc. paid out over 3 billion dollars to thousands of its own customers. The SEC found that Prudential’s direct investment group ignored individual suitability considerations and promoted the sale of limited partnerships to virtually every Prudential customer.
Retirees Recover $83,000,000 in California Securities Case:
John Lawrence Allen won an $83 million judgment, one of the largest ever in a California securities case, on behalf of hundreds of investors defrauded in a real estate limited partnership Ponzi scheme.
FINRA Grants 500% Compensatory Damages:
John Lawrence Allen won a 500% punitive damage award against Morgan Stanley (formerly Dean Witter Reynolds, Inc.). This is the largest percentage punitive damage award ever granted by a FINRA arbitration panel.
Star Trek Cast receives Substantial Settlement:
John Lawrence Allen represented five cast members of the original Star Trek television series in a dispute with Paramount Pictures; achieved a substantial out-of-court settlement.
Wins Antitrust Lawsuit against Sheraton Hotels:
John represented Hilton Hotels in an antitrust lawsuit against Sheraton Hotels in the Hawaiian Islands. Extensive litigation was resolved with a substantial out of court settlement.
California Ponzi Scheme Victimized Nationwide Investors:
John Lawrence Allen represented more than 150 investors across the nation who were victimized by a massive California-based Ponzi scheme that precipitated the involvement of the FBI, the Securities and Exchange Commission and the Justice Department.
Charles Givens Loses Arbitration Case:
John Lawrence Allen brought a successful arbitration claim against noted author and investment guru Charles Givens (“Wealth Without Risk”) and his investment empire in a highly publicized proceeding on behalf of defrauded investors.
**Disclaimer: Results are specific to the facts and legal circumstances of each client’s case and should not be used to form an expectation that the same results could be obtained for clients in similar matters without reference to the specific factual and legal circumstances of each client’s case.