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Home / Verdicts & Settlements / Trustee hit for fraud, breach of contract on counterclaim – $13,357,000 Verdict for Defendants (access required)

Trustee hit for fraud, breach of contract on counterclaim – $13,357,000 Verdict for Defendants (access required)

John R. Erb, the sole shareholder, officer and employee of the Alexandria investment management firm of de Teffé Capital Management, Inc., initiated the action by filing suit for trustee’s and investment management fees totaling approximately $1.5 million allegedly earned and deferred by him over the years for services rendered in connection with two irrevocable trusts ...

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