Alexander Loftus

Alex's practice is focused on litigating business, securities, employment, construction, insurance coverage, and professional malpractice, primarily on contingent or other value-based fee arrangements.-$60,000,000 Class Action settlement for investors in Ponzi Scheme-$46,000,000 Judgment on the merits against Ponzi Scheme operators-$10,500,000 Settlement For investors against Aiders and Abettors of Ponzi Scheme-$12,750,000 Settlement for investors in Ponzi Scheme against aggregator.-$2,600,000 settlement during trial for 86-year-old insurance salesman. Salesman was terminated and stripped of over $800,000 in commissions. The contract said insurance company had "sole discretion" in terminating him. The trial was bifurcated liability and damages and Alex proved the insurance company exercised the discretion in bad faith. The case settled for the full amount of past commissions plus the likely future commissions. -$1,900,000 settlement for group of franchisees against a franchisor and it's independent bookkeeper. The claims alleged the franchisees were fraudulently induced into the franchise and the bookkeeper aided and abetted the false financial representations. The claim against the bookkeeper was the first of its kind. The claim against the franchisor required litigation directly against its insurer who originally denied coverage then eventually paid over its policy limits.-$850,000 settlement for copyright infringement claim against a for profit school who allegedly copied our clients curriculum. - $1,845,614.68 Securities fraud settlement for individual Plaintiff-Jury verdict in the Northern District of California in a commercial dispute. The jury awarded at total of $860,000 for promissory estoppel, quantum meruit, and unfair business practices. The final offer before trial was $70,000.-Alex secured a $1.4 million verdict for his client in a Cook County breach of contract trial arising from a $20,000 loan. There was no offer prior to trial.In 2013-2024 Alex was named a Rising Star by Super Lawyers magazine, included in the Top 100 Trial Lawyers in Illinois by the National Trial Lawyers, the top 40 litigators under age 40 by the American Society of Legal Advocates, Top 10 Business Tort Lawyers in Illinois by the National Trial Lawyers, and Top 100 High Stakes Litigators in America.