News

Tony Davis and Trey Wells obtained a judgment as a matter of law on all claims in favor of their clients, an investment consulting firm and its affiliated companies, when plaintiff rested its case after eight days of trial. Plaintiff, a competitor company, was seeking $7 million in compensatory damages in addition to punitive damages for alleged violations of the Alabama Trade Secrets Act and conspiracy to breach fiduciary duties arising out of the hiring of a group of investment advisors away from the plaintiff. The case was tried in Jefferson County. The trial judge ruled that the plaintiff did not present substantial evidence that supported submitting the case to the jury.