Judge Orders Cobalt Mortgage, Inc. to Pay

SBJ Shareholders Darren Feider, Jeff James, and Associate Nate Bailey recently obtained summary judgment on behalf of two former shareholders of Cobalt Mortgage, Inc. (“Cobalt”). The court found Cobalt liable for breach of an agreement in the amount of $544,800.00 plus prejudgment interest at 12% per year. Cobalt was also found liable for the former shareholder’s attorney fees and costs. To view a copy of the order, click here.