Securities Fraud Settlement
The firm was retained as local counsel in a high profile criminal securities fraud case brought by the Alabama Securities Commission in conjunction with the Colbert County District Attorney. Members of the firm and the District Attorney had a long standing professional relationship predicated upon trust and respect. Because of this relationship, the District Attorney and the firm were able to collaborate and bring the parties to a settlement that was in the best interest of all the participants, as well as the justice system. Substantial sums were paid to resolve the case, but all criminal charges were dropped as a result of the settlement.