On March 17, U.S. District Judge James Moody Jr. awarded $8.86 million to CTHC Holdings, LLC against Suneet Singal and his companies, First Capital Real Estate Investments of California and United Realty Capital Operating Partnership LP of New York. Judge Moody also added a fraud judgment against Singal for $1.2 million, plus another $1 million in punitive damages. CTHC’s attorney, Kelly McNulty of the Little Rock firm Gill Ragon Owen, said his client was pleased with the judgment. “We are hopeful that the Court’s award of $1 million in punitive damages and $1.2 million for fraud will deter Mr. Singal and others from defrauding Arkansas businesses in the future, ” McNulty said in an email to Arkansas Business. The Court later awarded Mr. McNulty and Mr. Heffington $94,000 in attorney’s fees. Read the Arkansas Business article here.