$118 Million Dollar Verdict Against First National Bank and Conroe Lawyer

Posted on Thursday, July 12, 2012

  • 12
  • July
    2012

Defendants found guilty of Fraud, Breach of Contract, Conversion and Breach of Fiduciary Duty

HOUSTON, July 12, 2012 - A Harris County State District Court jury awarded a $118 million verdict to six investors that were defrauded by First National Bank of Edinburg, Conroe attorney Eric Yollick and a healthcare management group (Cause #2010-41034). Members of the jury found that First National Bank, Eric Yollick and the Merensky Reef Hospital Corporation breached their written agreement and committed fraud when the Defendants wrongfully conspired to take possession of three hospitals purchased by the investor plaintiffs.

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