johnsmith666
New Member
- Jurisdiction
- Colorado
I wrote a stock trading program and gave it to a friend of mine to use. We had no contract, written or verbal. It was designed to make $100 per day then quit. Apparently over time it lost him $30,000. Now I'm being sued in civil court for triple damages plus attorney fees. His dad is a lawyer and filed the suit on his behalf. How should I respond? I'm told the law does not protect suckers and guess what - he could have taken his money out of the program at anytime. What should I do? This seems like a completely frivolous lawsuit to me and grounds for disbarment due to the nepotism involved.