Verdicts and Settlements

$31,000,000 JUDGMENT AGAINST CORPORATE DIRECTORS

Steve Young spent 3 months in trial representing the first company to import organic tequila into the United States. The company sued its allegedly majority stockholders for fraud and breach of fiduciary duty. After a two day declaratory relief trial that determined who the shareholders were (a disputed issue) Mr. Young then conducted a three month that resulted in a $31,000,000 judgment against four of the principals and directors of the company who had tried to misappropriate the company’s business and divert sales to a parallel company.