Silver Law Group Secures Multi-Million Dollar Judgment for Former NFL Great and Super Bowl Champ
Boca Raton, Florida – May 22, 2015 (GLOBE NEWSWIRE) – Silver Law Group (www.silverlaw.com) has secured a nearly $2 million judgment in favor of a two-time Super Bowl champion, compensating him for his losses in an investment scheme involving misconduct by defendants spanning from New York to Oregon.
According to the lawsuit filed on his behalf in federal court in New Jersey, our client was introduced in 2005 to Rafael deNoyo, David Sullivan, and Peter Larkin, Jr. who, individually and through their company (Key Trading LLC), purported to have developed a proprietary leveraged trading system from which our client could benefit as an investor. Relying on the representations made to him, our client provided Key Trading LLC and Messrs. deNoyo, Sullivan, and Larkin $2 million with the expectation that he would be provided monthly returns on what he was told would be an investment. Our client ultimately discovered that the representations made to him were false. After protracted litigation that included orchestrated evasion by Key Trading LLC and Messrs. deNoyo, Sullivan, and Larkin, as well as additional misrepresentations by them to our client, the United States District Court for the District of New Jersey adjudicated Key Trading LLC and Messrs. deNoyo, Sullivan, and Larkin liable to our client in the full amount of the nearly $2 million they had converted from him.
Silver Law Group’s attorneys have represented several professional athletes in legal matters, including champions in the world of football, basketball, and golf. Recently, the law firm has undertaken investigation of a former professional football player who was the alleged perpetrator of a wide-spread investment scheme. According to governmental regulators, William (“Will”) D. Allen and his business partner allegedly defrauded investors out of millions of dollars in a $32 million Ponzi scheme.
If you have been the victim of investment fraud or have been misled by a financial professional trusted with an investment of yours, you might have the grounds upon which to assert a claim to recover your losses. Our attorneys represent high net worth and institutional investors in complex securities and investment fraud cases. Silver Law Group is a nationally-recognized securities law firm headquartered in South Florida, with satellite offices in New York and Washington, DC, representing investors worldwide with their claims for losses due to financial misconduct and consumer fraud. Scott L. Silver and David C. Silver both have Martindale-Hubbell® Peer Review Ratings™ of “AV” Preeminent for achieving the highest ethical and legal standards. The firm has successfully recovered multi-million dollar awards for its clients through arbitration and the courts. To contact Scott L. Silver to discuss your legal matter, call toll-free (800) 975-4345 or e-mail him at SSilver@silverlaw.com.