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Tushner v. First National Mortgage Co.

Tushner v. First National Mortgage Co.

Defrauded Businessman Awarded $4.5 Million by Jury

Irving Tushner owned a full service home loan business. After some business reversals, he sold the loan division to a bank and the loan servicing division to First National Mortgage. Mr. Tushner retained a one-year option to re-purchase the loan servicing business for $1 million (which would have guaranteed a profit of $500,000 to the buyer). The plaintiff timely notified First National Mortgage that he was going to exercise this option, but the buyer refused to sell it back to him.

Biren Law Group represented Mr. Tushner on a fraud and breach of contract lawsuit. At trial, the defendants argued that the plaintiff was legally and financially incapable of resuming the business and that they had a legal and ethical obligation to the company's clients to continue servicing them. Biren Law Group proved that these defenses were untrue and that the defendants' motivation for keeping the company was to continue reaping the huge profits which they had realized during their first year of operation of the servicing business.

A jury returned a $4.5 million verdict in favor of Mr. Tushner.

OVER HALF A BILLION WON FOR ACCIDENT VICTiMS

  • $104,000,000 Premises Liability Judgment
  • $12,000,000 Bad Faith Verdict
  • $4,300,000 Car Accident Verdict
  • $4,300,000 Wrongful Death Verdict
  • $4,000,000 Workplace Injury Settlement
  • $3,500,000 Motorcycle Accident Verdict
  • ABOTA
  • Top 10 Jury Verdicts | 2022
  • Super Lawyers
  • Super Lawyers Rising Stars
  • CAOC
  • AAJ
  • CAala
  • CA State Bar
  • Expertise
  • Lawyer Legion - Professional Involvement
  • Lawyer Legion - Community Leader
  • AV Preeminent Rated
  • Public Justice 2021 Member
  • Litigator Award 2015
  • Litigator Award 2014

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