Prince Glover Law’s Paul Clemens Reaches Confidential Settlement at Mediation

by: Prince, Glover & Hayes Tuesday, October 13th, 2009

Prince Glover Law is pleased to announce that Paul Clemens has reached a confidential settlement at mediation on behalf of a Tuscaloosa man who was defrauded out of his money by a multi-million dollar national corporation.

Our client watched a late-night TV “infomercial” for a get-rich-quick stock trading system. He was promised big profits with just a little effort. Our client was persuaded to take a “free introductory seminar” in Birmingham. After 3 days of high-pressure tactics, the Defendant company’s salesmen fraudulently misrepresented information and induced our client to purchase a program for $15,000.00. He was told he could cancel within 30 days. He tried to cancel shortly after the seminar, but he was given the runaround every time he called. The company promised to return the money but never did, in part because of their “Zero Refund Policy”. The Defendant company is being pursued in several states by the Securities and Exchange Commission and various U.S. Attorneys’ Offices.

Our client simply wanted his money back after having second thoughts after his purchase. The firm was able to help him get his money back – and significantly more. The firm shined the light of the law on the fraudulent practices of a publicly traded company whose usual method of selling was to target the elderly, disabled and desperate – often retirees. We encourage all potential buyers of expensive Internet or TV programs to be certain first of their return policy – after a thorough review of the company’s history. And, as a wise person once said, “if it sounds too good to be true, it usually is.”

Prince Glover Law practices in the areas of catastrophic personal injury and wrongful death, defective products, insurance fraud, and on-the-job-injuries. There is no charge for an initial consultation with one of our attorneys.

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