Mortgage Broker Hit with $11.4 Million Verdict in Breach Of Fiduciary Case
Breach of Fiduciary Duty
Haim Revah, et al. v. Steven Mark Miller, et al. (Los Angeles Super Ct. No. 22SMCV02679): On February 5, 2026 a jury returned a verdict of $11.4 million in favor of the plaintiffs whose home was foreclosed on by mortgage broker National Mortgage Resources. Plaintiffs alleged that defendants breached their fiduciary duty as a broker, realtor and lender by foreclosing on their home instead of selling the loan or obtaining a non-judicial foreclosure, resulting in a loss of $9 million of equity in their home. Defendants denied all allegations and offered $100,000 to settle the case prior to trial. Plaintiffs were represented by the Law Office of Geoffrey Long APC. Defendants were represented by Singer, Weinsten, Wolf & Jonelis LLP and Fadlon & Rozio.
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