Precaspian Development Corporation v Todd Ficeto and Hunter World Markets - $6.2 million Award

In August 2011 a California Superior Court jury in Los Angeles awarded the Plaintiff $1.2 million in compensatory damages and $4 million in punitive damages. On behalf of the Plaintiff, Mr. Meyer testified about various techniques Defendants used to manipulate prices of certain microcap stocks held in hedge funds owned by the Plaintiff. Mr. Meyer also testified about the harmful effects of stock price manipulation on the financial markets.

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Paul F. Meyer