FORT LAUDERDALE, FL
614 South Federal Highway
Fort Lauderdale, Florida 33301
Fax: (954) 463-9244
614 South Federal Highway
Fort Lauderdale, Florida 33301
1600 Steel Creek Rd.
Brevard, North Carolina 28712
Broward County jurors awarded the largest verdict in the county’s history: a whopping $826 million to be paid by Wells Fargo to the Seminole Tribe of Florida for mismanagement of a trust set up for the tribe’s children.
An amended version of the verdict—which came after nearly a decade of litigation—showed that those damages rose to more than $1.25 billion with interest.
Fort Lauderdale attorney William “Bill” Scherer, founding partner of Conrad Scherer, was part of the Seminole Tribe’s winning legal team. He told the Daily Business Review when the verdict came down in March that the decision was a “wake-up call for all financial institutions that think they are above the law and can take advantage of their clients.”
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