Gilbert v MA Hanna Co - Fraud/Contract Jury Trial
Oct 04, 2007OUTCOME: Defense Verdict - $40,000,000 Exposure
Plaintiff alleged fraud and breach of contract in connection with the acquisition of $50,000,000 subsidiary of Client company. Client was both the Company (worth $5,000,000 and CEO (worth $150,000,000 ... ). Plaintiff sought $14,000,000 in compensatory damages and was seeking in excess of $20,000,000 to $30,000,000 in punitive damages.