Trust Litigation
Conti Law obtained a $2.45 million settlement for two elderly beneficiaries of a trust. The beneficiaries' younger siblings were co-trustees, and they refused to act to liquidate the trust and distribute the proceeds to their older siblings. Plaintiffs believed that their younger siblings were waiting for them to die in order to take all of the trust assets for themselves. Six months after filing a petition to remove the co-trustees for breech of fiduciary duty, and after deposing the co-trustees for several days, the matter settled.
Construction Company v. Medical/Spa Corporation and Sole Shareholder
Alex represented a construction company that provided construction services to a startup medical/spa corporation. The Defendant corporation refused to pay the contractor claiming it was insolvent while distributing income to the individual owner and sole shareholder. Plaintiff sued to hold the shareholder of the corporation personally responsible for the corporation's obligation. After filing a brief affirmatively showing that the individual shareholder was the “alter ego” of the corporation, and therefore personally liable for the corporation's debt to the construction company, the case settled for a confidential sum.
Entrepreneurs v. Defense Contractor
Alex represented two entrepreneurs in their malicious prosecution case against a multi-billion dollar defense contractor. In the underlying case the defense contractor sued the entrepreneurs alleging they had misappropriated the defense contractor's trade secrets when starting their new company. As a result of the claim, the new venture did not get off the ground. The trial court found that the defense contractor brought the misappropriation claim in “bad faith” in order to prevent the entrepreneurs from engaging in lawful competition with the defense contractor. The entrepreneurs subsequently sued the defense contractor alleging that it filed the underlying lawsuit for an improper purpose, i.e., to destroy the entrepreneurs' new venture. During the case the entrepreneurs filed briefs asking the Court to throw out the corporation's defenses that it acted in “good faith” and they were “relying on the advice of counsel” when they sued the entrepreneurs. The case settled shortly thereafter and the defense contractor reported in its public filings that the case settled for $39 million.
Restaurant Group v. National Accounting Firm
Alex represented the principal of a large restaurant group which claimed that they were fraudulently induced by a national accounting firm to enter into a long-term contract to outsource the group's extensive accounting operations. After signing the contract and eliminating the in-house accounting department, the Defendant was unable to provide the promised accounting services. Plaintiff discovered that, unknown to it, the majority of its accounting operations actually had been outsourced to a subcontractor in Mumbai, India. Plaintiff sued for fraud, breach of contract and negligence. After extensive litigation resulting in the production of damaging internal e-mail communications relating to Plaintiff's outsourcing contract and the subsequent depositions of numerous accountants, the case resolved for a confidential sum.
Technology Company v. Big Four Accounting Firm
Alex represented a publicly traded technology company against its auditors for failing to detect and report the backdating of stock options. After the production of the audit work papers, the case was settled. The company reported in its public filings that the case settled for $16 million.
Estate Litigation
Alex represented the daughter of a deceased father who allegedly did not complete an application for a $5 million life insurance policy, naming his ex-wife and former business partner as the beneficiary, before his unexpected death. The father's ex-wife sued his estate for $5 million in damages. After trial, the case resolved with a substantial payment to the surviving daughter.