A lawsuit has been dismissed that was brought by a man who claimed he lost more than $49,000 of his retirement savings after being pressured by a psychologist to invest savings with the doctor's financial enterprise.
On Nov. 10, 2014, a Cook County judge signed off on a request from plaintiff David Phillips to voluntarily dismiss the lawsuit he had filed Dec. 3, 2013, in Cook County Circuit Court against Dr. Donald Miro, Miro Financial Enterprises and Claret Center Inc.
Phillips had sought damages of more than $50,000, plus punitive damages and attorney's fees.
According to the complaint, Miro is a clinical psychologist and the Chief Operating Officer of Miro Financial Enterprises. He also allegedly founded Claret in 1979 to provide services in various areas of therapy.
Phillips claimed he had been a patient of Miro's at Claret from March 31, 2008, through April 2010. He had accused Miro of using their relationship to solicit him to give Miro and Miro Financial authority to invest his retirement savings.
Phillips alleges in his suit that Miro and Miro Financial Enterprises lost more than $49,000 of his $53,052 retirement savings.
He is being represented in the case by attorneys William P. Boznos and George S. Bellas of Bellas & Wachowski.
Miro and Claret Center were represented by the firm of Kopon Airdo LLC, of Chicago.
Cook County Circuit Court Case No. 2013L013697.
This is a report on a civil lawsuit filed in the Circuit Court of Cook County. The details in this report come from an original complaint filed by a plaintiff. Please note, a complaint represents an accusation by a private individual, not the government. It is not an indication of guilt, and it only represents one side of the story.