Case Explained: Thomas B. Bennett, Trustee for the MTE Litigation Trust Plaintiff— v. Mark Siffin Defendant—

Court: United States Court of Appeals for the Fifth Circuit Filed: 2026-07-29 The fifth-circuit affirmed the district court’s judgment upholding a jury verdict that found Mark Siffin liable for fraud and awarding $40 million in damages. The court held that the economic-loss rule did not bar the plaintiff’s claim, rejecting Siffin’s argument to the contrary, and determined that his remaining challenges regarding the denial of motions for summary judgment and judgment as a matter of law, the admission of evidence, and post-judgment motions failed to warrant reversal. Consequently, the $40 million verdict stands. Do It For The Case Law is a news reporting service. Nothing in this episode constitutes legal advice.