News & Insights
Lightfoot Partner’s Win Named a Top 20 Verdict in Texas for 2019
May 18, 2020
Top Verdict named a plaintiff win secured by Lightfoot, Franklin & White LLC partner Jared I. Levinthal as a “Top 20 Verdict in Texas” for 2019. The case, SED Holdings LLC v. 3 Star Properties LLC et al. was tried last year in the U.S. District Court for the Southern District of Texas.
Levinthal, who joined Lightfoot on January 1, 2020, represented SED Holdings, an investment company defrauded by several real estate investment entities when it attempted to buy more than 1,000 non-performing loans.
After deliberating for three hours following a trial that spanned over two weeks, the federal jury in Texas unanimously awarded SED Holdings nearly $15 million in damages. The jury decided to award $4 million in punitive damages against four of the defendants.
“Jared is a tremendous lawyer and leader in our Houston office. This recognition and the underlying verdict speak not only to Jared’s talent, but also the exciting momentum in our growing Houston office,” said Lightfoot managing partner Melody Eagan.
Levinthal represents plaintiffs and defendants in a wide range of litigation matters involving commercial and business issues, product liability, professional malpractice, intellectual property, insurance coverage, bad faith, wrongful death and serious personal injury. Prior to joining Lightfoot, he founded his own litigation boutique and worked at one of the largest law firms in Texas.
In addition to Levinthal, SED Holdings was represented by Douglas W. Hanna of Graebe Hanna & Sullivan PLLC.