Sept. 2011: Madia Law wins $93,000 judgment on behalf of small business defrauded by corporation
Vermilion Sports, a small business in upstate Minnesota that sold boats and was winding down business operations, was defrauded by a corporation that promised to sell its remaining inventory for a percentage of the profit. Instead of only taking a percentage of the profit, the corporation took Vermilion’s boats, sold them, and kept all profits.
Madia Law represented Vermilion and obtained a $93,000 judgment for fraud.
Please note that every case is different, with its own unique facts. Just because Vermilion Sports obtained a certain result in this case does not mean that you will obtain the same amount in your case. You should contact Madia Law to discuss your business litigation case in detail and get an accurate assessment of its value.