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Hedge Fund Manager Awarded Hundred-Million Dollar Lawsuit in Nightclub Injury Case

In 2012, David Moradi was attacked by security staff in a Las Vegas nightclub, leaving him with a traumatic brain injury. The Cosmopolitan Hotel and Casino’s Marguee nightclub was ordered to pay Moradi a whopping $160.5 million for compensatory damages. But he also sought another $483 million in punitive damages to punish the nightclub for bad behavior and deter staff from engaging in similar behavior in the future. Moradi has since settled with the nightclub for an undisclosed amount.

The 2014 lawsuit alleges that security and a manager forced Moradi into a private room where they demanded that he show identification and give them a credit card. All of this occurred after, Moradi claims, he had already paid a $10,000 tab. According to the Marquee’s attorneys, there was an issue with Moradi’s signature on the original bill. Moradi, who claims he was a VIP guest at the Marquee, accuses staff of doing a lot more than just asking for his signature. A Boston injury lawyer can help you recover damages if you’ve been unlawfully detained.

Moradi Feared for His Life

“The Marquee security members and manager shoved David to the ground, causing his head to forcefully hit the concrete surface … The Marquee security members and manager repeatedly hit and smashed David’s head into the concrete and continually held his head and right eye against the concrete with a high degree of pressure … Still pressing his head to the concrete, they asked, ‘Are you going to cooperate and give your ID back?’ Believing he could be killed, David agreed in order to end the violent attack.”

At the time of the accident, Moradi was a hedge fund manager, earning approximately $11 million annually. Since then, he has been diagnosed with a traumatic brain injury (TBI) and his hedge fund closed its doors. Although the amount of the settlement remains unknown, it is likely that it was between the $160.5 million in compensatory damages and the $640 million in total that he asked for. Based on jury interviews, it is highly unlikely that the initial $160.5 million award was appealed. “I would have given him everything,” said juror Sara Sanguinetti, “the way we saw the evidence.” A MA injury lawyer can help you determine how to proceed if you’ve been harmed by another’s negligent or intentional actions.

Security Guards, Bouncers, and the Use of Excessive Force

Individuals in these industries are more prone to using excessive force than other groups due to the nature of their work. Physical force is a factor of their jobs, and there is a fine line between appropriate and excessive force. Security guards and bouncers can easily cross this line, resulting in serious harm, and even death. When a security guard’s use of excessive force results in injury, it may be considered an “intentional tort.” An intentional tort is a civil – not criminal – act that is committed on purpose, rather than from negligence. In some cases, security guards and bouncers can be charged with assault and battery. False imprisonment is another common charge in cases involving guards and bouncers who misuse their authority. Unlawfully detaining a guest or patron for an extended period of time can result in a charge of false imprisonment or false arrest. 

Altman & Altman, LLP – Boston’s Top Personal Injury Law Firm

If you have been injured due to another’s negligence, the skilled legal team at Altman & Altman, LLP can help. We have been protecting the rights of accident and injury victims for more than 50 years. Our attorneys have an impressive track record of obtaining compensation for our clients. If you have been harmed, you may be entitled to compensation for lost wages, pain and suffering, and medical expenses. We will analyze the details of your case to determine the most appropriate strategy, and position you for the best possible outcome. Don’t go through this difficult time alone. We can help. Contact Altman & Altman, LLP today for a free and confidential consultation about your case.