Rust Rare Coin Investor Update - Investor Lawyers

Press Release > Investor Rights Attorney Alan Rosca Spoke on Behalf of Rust Rare Coin Investors During Gaylen Rust Sentencing Hearing

POSTED Mar 10, 2022

BY Alan Rosca

Investor Rights Attorney Alan Rosca Spoke on Behalf of Rust Rare Coin Investors During Gaylen Rust Sentencing Hearing

On March 8, 2022, the Rosca Scarlato LLC law firm investor rights attorney Alan Rosca participated in the Gaylen D. Rust sentencing hearing in connection with his $200 million Ponzi scheme involving silver trading.

During the hearing, attorney Alan Rosca spoke on behalf of victimized investors, emphasizing the consequences of the Rust’s fraudulent scheme.

Gaylen Rust was sentenced to 19 years in prison and ordered to pay $153 million in restitution for what was called by the Judge “one of the largest Ponzi schemes in the Utah history”.

The Rosca Scarlato LLC law firm and co-counsel currently represent hundreds of Gaylen Rust victims in a class action lawsuit filed against Zions Bancorporation, seeking compensation for their Rust losses.

If you believe you lost money as a result of investment-related fraud or misconduct, please contact our law firm for a free, no-obligation evaluation of your recovery options.

Contact us at 888‑998‑0530 or through the contact form on this page.
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Cleveland area office

2000 Auburn Drive
Suite 200
Beachwood, OH 44122

Philadelphia area office

161 Washington Street,
Suite 1025
Conshohocken, PA 19428

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*CONTINGENCY FEE REPRESENTATION – NO RECOVERY, NO FEES:

In all class action cases, the Rosca Scarlato LLC law firm offers contingency fee representation, meaning the attorney’s fees are a portion of any recovery. If there is no recovery, then the clients are not responsible for paying any attorney’s fees or case expenses. As to non-class action cases, a small number of jurisdictions require that clients be ultimately responsible for case expenses. The terms of representation for international investors may differ. Please contact our law firm to learn more about our contingency fee representation for investment fraud victims and our terms of representation for international investors.

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This site contains attorney advertising material. Comments quoted on this page, made by a judge or arbitrator in any particular case, are not an endorsement of the Rosca Scarlato LLC attorney’s legal skill or ability. The responsible attorneys for the content of this website and Rosca Scarlato’s advertisements are Alan Rosca and Paul Scarlato, unless otherwise specifically indicated. Paul Scarlato’s office is in Philadelphia area and Alan Rosca’s office is in the Cleveland, Ohio area, as detailed on their pages on this website. Each case is different, and prior results do not guarantee a similar outcome in any future case. The information you review at this site is not legal advice. You should consult an attorney for individual advice regarding your case. We do not enter into attorney-client relationship through this website, or through your communication with us on this website. By continuing to browse this website you agree that an attorney-client relationship with RS is formed only upon the execution by both parties of an attorney-client agreement. Any investigation referenced on this website is independent and conducted by the Rosca Scarlato LLC law firm privately. Any information or statements contained in this website, regarding pending or past investigations, is derived from public records and should be viewed as allegations, not statements of facts, unless specifically indicated otherwise. Please check the “Legal Disclaimer” page for important disclaimers.

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