Pfeiffer Thigpen
FitzGibbon & Ziontz LLP

Jan 5 2012

Tom FitzGibbon and Kim Thigpen recently settled on very favorable terms a significant securities fraud case pending in the United States District Court in Las Vegas, Nevada in which the Firm represented a broker-dealer and other control persons. The case involved claims by twenty-six plaintiffs under the federal securities laws as well as related state law claims based on the sale of tenant-in common interests to investors in a golf course. Plaintiffs sought damages of over $9.0 million, as well as interest and punitive damages. The Firm obtained a summary judgment in August on all the federal securities claims against the clients, and recently resolved the remaining aspects of the case against the clients by all the plaintiffs.

The case involved several years of complex litigation with over 50 days of deposition, the review and production of hundreds of thousands of documents, including significant electronic discovery issues, and significant motion practice, including dispositive motions under the PSLRA. The Firm was able to coordinate such a complex case in a cost-effective manner through efficient use of database and litigation support technology as well as electronic document review and analysis tools.

If you have any questions about the Firm's complex litigation practice, securities law practice or electronic discovery capability, please contact Tom FitzGibbon for more information: tom@ptfzlaw.com or 424.354.3489.