Justice Served: Jury Delivers $917,000 Verdict in Accounting Firm Misrepresentation Case

Griffin, Ga. — A federal jury has awarded a substantial $917,000 in damages to plaintiffs who accused a defendant of providing misleading information regarding an accounting firm before its sale. The case highlighted issues of trust and transparency in business transactions, raising significant questions about ethical representations in sales. Todd Poole, the lead attorney for the plaintiffs, emphasized that the jury’s decision stemmed from the legal team’s ability to effectively undermine the defendant’s credibility. Throughout the trial, Poole and his colleagues employed a compelling narrative centered around the concept of “gaslighting,” illustrating how misleading information … Read more

Luna Innovations Reaches Settlement in Shareholder Lawsuit Amid Accounting Scandal and Nasdaq Delisting

Roanoke, VA — Luna Innovations Inc., alongside three former executives, has reached a preliminary agreement to settle a shareholder lawsuit that accused them of federal securities law violations, according to a recent federal court filing. The company, known for its fiber-optic sensing and monitoring technology, was removed from the Nasdaq Stock Market and has seen a continuous decline in value in the over-the-counter markets. The lawsuit, which has been under scrutiny in a California federal court for over a year, stemmed from admissions by Luna in its filings with the Securities and Exchange Commission that … Read more