Successful recoveries for hundred of Prudential clients sold mismarketed limited partnerships
Attorneys from the firm represented more than 700 investors pursuing limited partnership claims against Prudential and recovered in excess of $40,000,000 on behalf of those investors.
Several of the more noteworthy cases were:
- J. Don Smith v. Prudential Securities (1993): Mike Bishop and co-counsel succeeded in obtaining a $2,875,000 settlement for a furniture executive who had invested approximately $1,100,000 in Prudential limited partnerships.
- Virginia First Savings & Loan v. Prudential Securities (1994): Mike Bishop and co-counsel obtained an arbitrator’s award of $1,750,000 on behalf of a savings and loan association which had lost money in a Prudential limited partnership formed to purchase commercial mortgages.