Huge Lawsuit Loss Could Spell Big Trouble For Marquee Las Vegas

Plaintiff David Moradi was awarded $160.5 Million this week in lawsuit against Marquee Las Vegas
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Marquee Las Vegas

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Things are definitely not looking up for Tao Group's Las Vegas property Marquee. This week the NY-based nightlife company was hit with some severe damages to the tune of 160.5 million dollars after a jury ruled in favor of plaintiff David Moradi. 

More below from the article published yesterday in the Las Vegas Review-Journal. 

A New York City hedge fund manager who sued the Marquee nightclub after he was attacked by a manager and security officers won a $160.5 million jury verdict this week.In the year before he suffered a traumatic brain injury in April 2012, according to trial transcripts, David Moradi managed a $1 billion hedge fund and earned $11 million.According to a 2014 lawsuit against The Cosmopolitan of Las Vegas, the nightclub and Roof Deck Entertainment LLC, the manager and security officers forced Moradi into a security room and demanded his identification and credit card after he already had paid a bill of more than $10,000.

Read the rest of the article on Las Vegas Review-Journal 

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