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Home / Uncategorized / Jury Hits 'Net Startup With $177 Million Verdict (access required)

Jury Hits 'Net Startup With $177 Million Verdict (access required)

An Alexandria jury awarded the largest verdict in Virginia history when it found that an online tutoring company had defrauded 13 investors and sales consultants. The jury found that TutorNet.com Inc., a Northern Virginia company, misrepresented its financial strength and potential and failed to deliver promised public stock. The 13 plaintiffs were drawn from a pool of ...

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