‘Kingpin’ Girardi Hid $53 Million Settlement, Client Says (1)

Thomas Girardi concealed the terms of a settlement from a young man whose home exploded around him and misrepresented that he was holding a portion of the funds in an account where it would accrue interest, according to testimony heard by a Los Angeles federal jury Wednesday.

As interest payment checks came inconsistently over the better part of a decade, Joseph Ruigomez and his family asked Girardi to see the details they hadn’t been shown when they signed an agreement with Pacific Gas & Electric in 2013. But Girardi never handed them over, Ruigomez said from the stand in the ...