Jury Awards Over $13 Million to Former Executives
June 13, 2008
Tabet DiVito & Rothstein won a resounding victory at trial on behalf of its client, the former President and CEO of a North American subsidiary of a German conglomerate. TDR’s client, a highly respected electronics executive, sued the subsidiary and the company’s Chairman for their breach of his executive employment agreement and for defamation. After an eight-day jury trial, the jury found in favor of TDR’s client on all counts and awarded him over $13,000,000 in compensatory and punitive damages. The verdict has had important ramifications for other executive compensation and defamation cases in Illinois and throughout the United States. Firm partners Caesar Tabet and Mark Horwitch tried the case.
No. 06-003745 (Cir. Ct. Cook Cty., June 13, 2008)