RP Partner Tony Giacomini Named a Fellow of The Litigation Counsel of America

 

RP Partner Tony Giacomini was recently invited to join The Litigation Counsel of America.  This is an exclusive society of American litigators as membership has been limited to be 3,500 fellows.  The society explains the invitation criteria as “[f]ellows are selected and invited into Fellowship after being evaluated for effectiveness and accomplishment in litigation and trial work, along with ethical reputation.

Congratulations Tony!

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Associate Randy Robinson Quoted in Piece Titled “Harrison High School Alumni Share Life Lessons”

 

March 11, 2015

Colorado Springs, Colorado

“The world will pick your future if you don’t,” said Ryan Royse, a Harrison High School alumnus.

On a sunny Wednesday morning in February, six Harrison High School alumni visited current students to share their stories, trials, tribulations and some well-received words of wisdom.

To give you a brief glimpse at the amazing people Harrison School District 2 produces, we thought we would share some quotes from the alumni and a little bit of background about each of them.

“Everything that you do, especially in school, is building toward something down the road.” -Randy Robinson

Randy Robinson is a 2000 graduate of Harrison High School, where he played varsity baseball and was a leader in AFJROTC. After college and many coveted management positions, Randy decided to go to law school. He is currently a lawyer with Reilly Pozner LLP, one of the preeminent firms in Colorado. He focuses on civil litigation and represents high profile clients including the Denver Broncos. When he is not at work, he is with his wife and three children.

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Trial Covered in The Columbus Dispatch Article Titled “PNC Must Pay $391 Million in Lawsuit Over Prepaid Funerals”

 

March 11, 2015

Columbus, Ohio

ST. LOUIS — A federal jury ordered PNC Bank to pay $391 million in damages tied to an alleged insurance scam involving prepaid funeral contracts at now-defunct National Prearranged Services.

According to the lawsuit, funeral homes and consumers were led to believe the funds entrusted to NPS, a St. Louis-based company that sold prepaid funerals, would be safeguarded in a trust and backed by life-insurance policies. However, the defendants allegedly siphoned off money from the funds.

PNC Bank is the successor to Allegiant Bank, which served as a trustee for the company from 1998 to 2004.

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Case Discussed in St. Louis Business Journal Article Titled “PNC to Appeal $350.5 Million Order for Trustee Role in Prepaid Funeral Scam”

 

March 11, 2014

St. Louis, Missouri

PNC Financial Services Group Inc. said it intends to appeal an order to pay $390.5 million in damages, handed down Monday by a jury in St. Louis in the alleged National Prearranged Services Inc. insurance scheme for prepaid funerals.

“PNC (NYSE:PNC) respectfully disagrees with the jury regarding the liability of its predecessor bank, Allegiant, and we intend to appeal this verdict,” Fred Solomon, PNC director of external communications and senior vice president, said via email Tuesday morning.

Shaun Hayes’ Allegiant Bank had been a trustee for National Prearranged for six years until 2004. Then Allegiant was sold to National City Corp., which was acquired by Pittsburgh-based PNC in late 2008.

Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Partner Dan Reilly Quoted in The Examiner Article Titled “$491 Awarded in Funeral Home Fraud”

 

March 11, 2015

Independence, Missouri

A St. Louis federal jury has awarded $491 million in damages in a six-year-old lawsuit linked to the collapse years ago of a company that sold prepaid funerals but that federal investigators described as nothing more than an elaborate Ponzi scheme. One of its properties was Mount Washington Funeral Home in Independence. Monday’s verdict ended a trial over the 2009 lawsuit by state life and health guarantee associations and a special receiver set up to wind down National Prearranged Services Inc., which was based in the St. Louis suburb of Clayton. The damages include $391 million against PNC Bank and $100 million against the defunct Forever Enterprises holding company. Some banks and other companies connected to NPS have settled out of court or are arranging settlements for unspecified amounts. PNC, which pledged to appeal the verdict, wasn’t involved with NPS but succeeded Allegiant Bank, a former trustee of NPS assets.

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Partner Dan Reilly Referenced in TribLive Article Titled “Jury Orders PNC to Pay $491M in Collapse of Prepaid Funeral Company”

 

March 11, 2015

Pittsburgh, Pennsylvania

PNC Bank must pay $491 million in damages in a 6-year-old lawsuit linked to the collapse years ago of a company that sold prepaid funerals but that federal investigators described as nothing more than an elaborate Ponzi scheme, a St. Louis federal jury decided.

The verdict Monday against PNC and the now-defunct prepaid funeral company ended a trial over the 2009 lawsuit by state life and health guarantee associations and a special receiver for National Prearranged Services Inc., which was based in the St. Louis suburb of Clayton.

The damages include $391 million against PNC Bank and $100 million against Forever Enterprises, a holding company for NPS. Some banks and other companies connected to NPS have settled out of court or are arranging settlements for unspecified amounts.

PNC, which pledged to appeal the verdict, wasn’t involved with NPS but succeeded Allegiant Bank, a former trustee of NPS assets.

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Case Subject of St. Louis Business Journal Article Titled “$490 Million Judgment in Prearranged Funeral Civil Case”

 

March 10, 2015

St. Louis, Missouri

A jury has awarded $490 million to state life and health guarantee associates and a receiver in the civil trial surrounding the massive $600 million National Prearranged Services Inc. prepaid funeral scheme.

PNC Bank, a successor to Allegiant Bank, was the defendant. Shaun Hayes’ Allegiant was a trustee for National Prearranged from 1998 to 2004. Hayes sold Allegiant to National City, which was later sold to PNC Bank.

The jury’s verdict said PNC Bank must pay $355 million in compensatory damages and $35.5 million in punitive damages, according to Betty Ann Skrien, judicial assistant in U.S. District Judge Richard Webber’s court. It also ruled that Forever Enterprises, which is now defunct and was controlled by the Cassitys, must pay $100 million.

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.

 


RP Case Discussed in Kansas City Business Journal Article Titled “Jury Awards $490M in St. Louis Funeral Scam Case”

 

March 10, 2015

Kansas City, Missouri

A federal jury in the U.S. District Court for the Eastern District of Missouri has awarded almost $500 million in damages, the St. Louis Business Journal reports.

The case centered on a massive $600 million prepaid funeral scheme that defrauded funeral homes and consumers.

St. Louis-based National Prearranged Services Inc. promised customers money they paid for prearranged funerals would be held in a trust, and claims were to be funded by the trust. But the defendants in a previous criminal case spent the trust money, and money from new clients was used to pay claims. Six officers and employees related to National Prearranged were sentenced to prison time in November 2013 for their roles in the scheme.

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Case Covered in ABA Journal Article Titled “Federal Jury Awards $491M in Trial Over Prepaid Funeral Scheme”

 

March 10, 2015

Chicago, Illinois

A federal jury in St. Louis on Monday awarded $491 million in damages concerning a failed prepaid funeral operation that has been described by prosecutors as a Ponzi-like scheme.

During the more than 15 years that National Prearranged Services Inc. was in operation, the money paid in for funerals was supposed to be held in trust. But those in charge, including trustee Allegiant Bank, allowed officers of NPS to siphon money out for their own benefit, a civil suit alleged. It was brought by insurance guaranty associations and a receiver, reports the St. Louis Post-Dispatch. The 97,000 victims included not only customers but funeral homes, financial institutions and insurers.

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Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.


RP Verdict Discussed in ABC News Article Titled “Jury Awards $491M in Damages in Prearranged Funeral Case”

 

March 10, 2015

New York, New York

A St. Louis federal jury has awarded $491 million in damages in a 6-year-old lawsuit linked to the collapse years ago of a company that sold prepaid funerals but that federal investigators described as nothing more than an elaborate Ponzi scheme.

Monday’s verdict ended a trial over the 2009 lawsuit by state life and health guarantee associations and a special receiver set up to wind down National Prearranged Services Inc., which was based in the St. Louis suburb of Clayton, the St. Louis Post-Dispatch ( http://bit.ly/1Hqn8w1 ) reported.

The damages include $391 million against PNC Bank and $100 million against the now-defunct Forever Enterprises holding company. Some banks and other companies connected to NPS have settled out of court or are arranging settlements for unspecified amounts.

Full Article

Reilly Pozner LLP serves clients nationwide and is engaged in complex commercial and intellectual property litigation, class actions, civil and criminal litigation, mass torts, personal injury and appellate law.