10th Circuit Upholds District Court Order Confirming $1 Million Arbitration Award
In April 2020, the US 10th Circuit Court of Appeals upheld the US District Court for the District of Colorado’s March 2018 Order confirming an arbitration award against Mid Atlantic. You can read the Appeals Court’s fascinating Order here. You can read the District Court’s Order here. Previously in December 2016, a FINRA panel in Denver, CO ordered Mid Atlantic to pay at least $1,037,000 including $3 million in monetary sanctions for discovery abuse. You can read the award here. Dr. McCann testified on liability and damages over Mid Atlantic's sale of a non-traded KBS REIT and illiquid loan fund, Sonoma Ridge Partners.