LIPSON NEILSON OBTAINS JUDGMENT AS A MATTER OF LAW IN FEDERAL JURY TRIAL

Las Vegas attorneys Joseph Garin and  Stephen Keim successfully obtained judgment as a matter of law in favor of a local real estate broker in a United States District Court, District of Nevada lawsuit.  Plaintiff’s claims involved violation of state security laws, breach of fiduciary duties, and breach of contract claims which it sought to hold the firm’s client responsible for under the theory of respondeat superior.  After three and half days of trial, at the completion of Plaintiff’s case-in-chief, Mr. Garin moved for judgment as a matter of law.  The Court granted Mr. Garin’s motion finding Plaintiff failed to establish it sustained any damages as a result of the real estate broker’s actions.  As the prevailing party, a post-trial motion for the recovery of fees and costs incurred by the client in the defense of the case remain pending.