Confidential
Settlement – $1,100,000,000Judge
Court
USDC Michigan
Attorneys
Plaintiff
John B. Quinn
(Quinn, Emanuel, Urquhart & Sullivan LLP)
Dominic Surprenant
(Quinn, Emanuel, Urquhart & Sullivan LLP)
Defendant
David T. Pritikin
(Sidley Austin LLP)
Anthony T. Pierce
(Akin, Gump, Strauss, Hauer & Feld LLP)
Robert Steven Harrison
(Los Angeles County Superior Court)
Facts
The plaintiffs, a large American automobile manufacturer and its German subsidiary, claimed that the individual defendants while employed by the plaintiff gathered proprietary information, including information concerning the plaintiff's system for purchasing parts, future product plans and the plans for an automobile "factory of the future." In 1993, these defendants resigned from their positions at the plaintiff company and allegedly brought this information with them when they left to work for the defendant foreign competitor. The plaintiff claimed that the foreign competitor used this infomation to its advantage in competing with the plaintiff. The plaintiff brought this action against the foreign competitor based on unfair competition, violation of the Lanham Act and RICO theories of recovery.
Settlement Discussions
The settlement discussions were not disclosed.
Damages
The plaintiffs sought $____________ in damages.
Other Information
The settlement was reached approximately nine months after the case was filed.
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