Dan Reilly and Larry Pozner Quoted in Missouri Lawyers Weekly Article Titled “Jury Awards $490 Million Over NPS Scheme”

 

 

March 9, 2015

St. Louis, Missouri

A jury awarded $490 million total in a high-stakes trial that featured testimony from federal inmates and a former banker.

The case went to the jury Friday afternoon after plaintiffs’ and defense attorneys made their closing arguments in a lawsuit against PNC Bank for its predecessor’s role as a trustee for assets meant to cover consumers’ future funeral expenses.  The jury announced its verdict Monday morning.

The award included $355 million against PNC, $35 million in punitive damages and $100 million against Forever Enterprises, according to Betty Ann Skrien, a judicial assistant to Judge Richard E. Webber’s chambers.

Read Full Article Missouri Lawyers Weekly Article Titled Overlooked and Under-Scrutinized

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