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McGinnis Lochridge Wins $5.9M Verdict in High-Stakes Fiduciary Duty Case
- McGinnis Lochridge partners Baughman and Grubb secured a $5.9 million jury verdict on April 11, 2025, in Harris County, Texas.
- Shareholders alleged corporate officers engaged in self-dealing involving a disputed transfer of 45 acres near Seabrook.
- The four-day trial, held in the 129th District Court, involved complex claims of fiduciary duty breaches and fraud.
- The jury awarded $5.7 million for fiduciary duty breaches and $234,000 for fraud; Baughman noted, "the jury was focused and engaged."
- Teamwork, including support from Michael Kabat and Nicholas Bruno, contributed to the verdict for the plaintiff shareholders.
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The Norfolk Daily News+30 Reposted by 30 other sources
McGinnis Lochridge Wins $5.9M Verdict in High-Stakes Fiduciary Duty Case
HOUSTON, April 15, 2025 /PRNewswire/ -- McGinnis Lochridge partners Jonathan Baughman and William Grubb delivered a resounding victory on April 11, securing a $5.9 million jury verdict for their client and a co-plaintiff in a complex fiduciary duty and fraud…
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