SpaceX tapped Greenberg Gross to defend five engineers hired by the rocket company against claims asserted by their prior employer, Broadcom, that they misappropriated trade secrets related to chipsets for satellite communications. On March 24, 2016, Greenberg Gross defeated Broadcom’s application for a temporary restraining order barring the engineers from working at SpaceX.
On behalf of a prominent, large law firm, Greenberg Gross obtained the dismissal of a complex lawsuit prior to commencement of trial, resulting in a complete victory for the law firm. Plaintiffs had alleged seventeen causes of action, including fraud, conspiracy, and violation of RICO, in a 500-page complaint seeking more than $600 million in damages. The action involved highly complex trust and estates issues, dozens of plaintiffs, dozens of defendants, and financial transactions and investments spanning a decade. Greenberg Gross’s motion directly resulted in a pre-trial dismissal of the entire action as to the law firm client as well as other defendants.
Following a seven-week jury trial in which it represented the defendants, Greenberg Gross obtained a complete defense verdict and also obtained a multimillion-dollar verdict on a counterclaim against the plaintiffs, including an award of punitive damages and the right to recover attorneys’ fees. The plaintiffs claimed that the firm’s client, a subsidiary of a Switzerland-based global engineering firm, owed more than $3 million in connection with the client’s purchase of a business from the plaintiffs. The client, Cavotec Inet US Inc., not only prevailed on that claim, but also prevailed on a counterclaim for breach of fiduciary duty and punitive damages in the amount of $3.3 million, plus attorneys’ fees.
Greenberg Gross, along with Weil, Gotshal & Manges LLP, represents insurance and financial giant American International Group, Inc. against allegations by PIMCO, the Newport Beach-based global investment manager, that AIG made false and misleading public statements about AIG’s exposure to the subprime mortgage market between 2006 and 2008 in violation of federal securities laws.
Greenberg Gross represents a London-based investment adviser that oversees billions of dollars in assets worldwide. The firm is prosecuting an investment fraud suit in New York against a billion-dollar private equity fund and its senior managers, alleging multiple breaches of fiduciary duty and tortious inducement of a $50 million investment commitment. In 2014, Greenberg Gross partner Evan Borges obtained a preliminary injunction that prohibits the fund from calling capital from the client.
Greenberg Gross obtained a multimillion-dollar jury verdict on behalf of the former chief operating officer of a chain of dialysis centers. Following a two-week trial, the jury found the defendant liable for fraud, breach of oral contract, and breach of written contract arising from the defendant’s failure to pay the COO a share of the $43 million sale of the centers.
Greenberg Gross obtained a no-liability settlement for the former CEO and chief credit officer of Pacific Coast National Bank in a lawsuit filed against them by the FDIC. The FDIC alleged that the executives breached their fiduciary duties by negligently approving various loans during the period from 2006 to 2008. After more than two years of hard-fought litigation, the FDIC agreed to dismiss the case with no payment by the firm’s clients and no finding of any negligence or wrongdoing whatsoever.
Greenberg Gross obtained summary judgment to end a putative class action alleging violation of a criminal statute by Lowe’s Home Improvement in the sale of portable heaters to consumers.
Greenberg Gross obtained summary judgment on behalf of the Automobile Club of Southern California and the Automobile Association of America to end a putative nationwide class action filed by job applicants and employees who failed criminal background checks. The lead plaintiff alleged violations of the Fair Credit Reporting Act. In granting summary judgment, the court agreed with Greenberg Gross that the Auto Club and AAA did not violate the Act.
Greenberg Gross obtained the dismissal of a fraud lawsuit filed against the former chief executive officer of the Automobile Club of Southern California. The plaintiff, an auto insurance policyholder, claimed material omissions in company correspondence. The court, in granting Greenberg Gross’s motion, not only dismissed the suit but also awarded attorneys’ fees and costs to the client.
Following a nine-day jury trial, Greenberg Gross obtained a defense verdict for a leading digital marketing company in a lawsuit brought by the Costa Mesa Conference and Visitor Bureau alleging fraud and breach of contract.
Following a court trial, Greenberg Gross obtained judgment for the defense in a multimillion-dollar lawsuit alleging securities fraud and insurance law violations involving “life settlements.”
On behalf of Highwinds Network Group, Inc., a content delivery network provider, Greenberg Gross filed a successful anti-SLAPP motion to strike a malicious prosecution complaint, obtained a dismissal, and recovered an award of attorneys’ fees and costs for Highwinds.
Greenberg Gross successfully defended the estranged spouse of a wealthy publisher against charges of elder abuse. The lawsuit raised cutting-edge trusts and estates issues.
Greenberg Gross secured a declination from the U.S. Attorney’s Office on behalf of the CEO of Medical Capital Holdings. Federal authorities investigated Medical Capital and its executives for allegedly engaging in the largest Ponzi scheme in Orange County history involving alleged losses of close to $1 billion.
Greenberg Gross served as lead counsel to for-profit educator Corinthian Colleges in connection with inquiries by the U.S. Department of Education, the Department of Justice, and the attorneys general of several states. The firm also represented Corinthian in a civil action filed by the State of California.
Greenberg Gross represented the Chapter 11 trustee, John C. Hueston, in an investigation and related litigation involving Morgan Drexen Inc., a national debt relief and bankruptcy services company. The Consumer Financial Protection Bureau sued Morgan Drexen in 2013, alleging that the company deceived 14,000 consumers into paying illegal upfront fees. Greenberg Gross, in conjunction with the trustee, conducted an expedited investigation and shut the company down, enabling the recovery of assets for creditors.
Greenberg Gross represents the former chief information officer of an international sportswear company against accusations of receiving millions of dollars in purported kickbacks, among other claims. The case is set for arbitration in 2016.
Greenberg Gross obtained a declination from the Securities and Exchange Commission on behalf of a biotechnology company official in connection with an insider trading investigation. As a result, the official was not named in an SEC enforcement action for insider trading against three other individuals related to a corporate acquisition by a Fortune 100 conglomerate.
Greenberg Gross represents Broadcom’s first in-house employment lawyer in a multimillion-dollar lawsuit alleging that Broadcom illegally discriminated against her on the basis of gender and retaliated against her for reporting misconduct of a male executive. The lawsuit also accuses Broadcom of maintaining institutional barriers to the advancement of female employees.
Greenberg Gross represents a prominent investment advisor in an SEC investigation involving allegations concerning investments made by high-profile professional athletes.
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