Booth v. Prince Press Release

RE: ESTATE AWARDED NEARLY QUARTER MILLION DOLLAR JUDGMENT AGAINST TEXAS FIRM AND ITS OWNER FOR SECURITIES FRAUD

The Estate of Alice Booth, was recently awarded a judgment against a Texas company, NTG Holdings, Inc., and its President, Randall E Prince, in a Civil Court Action filed in Pinellas County, Florida, for an amount in excess of $239,000.00.

Mrs. Booth was a frail 86-year-old widow when she became acquainted with Randall Prince, after she received a "cold call" from Prince in 1998. Mrs. Booth was severely sight impaired which made her an even easier target for this unscrupulous telephone salesperson. Despite Mr. Price's receipt of a letter from Mrs. Booth's attorney directing Prince to cease all contact with Mrs. Booth, he continued to harass her until she had purchased approximately $300,000.00 worth of oil and gas limited partnership interest from him. Later, he convinced her to "lend him" $100,000.00. The court reserved jurisdiction for determination of attorney's fees and punitive damages.

A local attorney, Jeffrey P. Coleman, of the Coleman Law Firm in Clearwater, Florida who represented Mrs. Booth and her estate in this action states:

"Our elderly population should be cautioned against the economic risks of listening to unknown callers. They should report any harassing phone calls to the appropriate authorities immediately, and in this particular case, the fact that her attorney had written a letter directing the Broker to cease communications with Mrs. Booth was a real plus. I only wish that Mrs. Booth was still alive so she could know of this victory. She was a very nice lady who didn't deserve the harassment that she received from Prince."

I have attached a copy of the Final Judgement, and the Complaint. Should you have any questions, please feel free to contact Jeffrey P. Coleman at the above address and/or telephone number.