Ted Doran possesses more than three decades of legal experience, the majority of which he has garnered as an attorney with Doran Sims Wolfe and Ciocchetti in Daytona Beach, Florida. In 2013, Ted Doran and his team won a $15 million judgement for the state–the third-largest award in Florida’s history.
The noteworthy amount was awarded following a case against BB&T bank, regarding certificates of deposit that the bank acquired in its purchase of the assets of the defunct Colonial Bank from the government.
The initial trial closed in June 2012, but BB&T appealed the ruling and lost once again in November 2013. The money won from the judgement was applied to the receivership estate of two failed insurance companies.
The case was the law firm’s second among the top three awards for Florida. Attorneys at Doran Sims Wolfe and Ciocchetti were also responsible for a 2005 judgement that won the state more than $20 million in a breach of contract suit against a medical malpractice insurance company.
Quoted in a local newspaper in 2013, Mr. Doran granted credit for the most recent award to Florida’s chief financial officer and his pursuance of claims like the BB&T suit.