Freddy Russian and American Private Equity based in Tampa, Florida found both Defendants guilty of Fraud and Breach of Contract in U.S. Federal Court. Plaintiff The Prosyon Group was awarded nearly $1 million for financial, punitive and legal damages after a full four day trial by eight jurors by unanimous decision.

Russian and American Private Equity failed to pay and honor consecutive contracts for M&A services duly rendered related to the sale of Quimatec Produtos Quimicos in Brazil.