A FINRA arbitration panel unanimously held that Fidelity Brokerage Services, LLC defamed a former advisor in making false statements on his U5 following his voluntary resignation from Fidelity. The broker was represented at arbitration by Cody Towns and Jeremy Kustoff of Towns Law Firm, PC.
Read MoreThe Fifth Circuit Court of Appeals ruled in favor of Firm client Pizza Inn, Inc. in a franchise area developer dispute that proceeded to federal jury trial in 2019.
Read MoreA Texas District Court entered an order dismissing all civil claims brought by Dean Foods Company seeking in excess of $45 million against its former Chairman of the Board, Tom Davis, arising from criminal charges against Davis for providing insider tips for trading of Dean Foods’ stock. Cody Towns served as lead civil trial counsel for Tom Davis.
Read MoreA Tarrant County Texas District Judge entered final judgment on a negotiated $3 Million settlement agreement resolving allegations of improper lending and self-dealing brought by an investor, derivatively, against the trustees and officers of a real estate investment trust (REIT). Cody Towns served as counsel for Plaintiff along with Christopher Gray of New York.
Read MoreA jury in Dallas County issued a verdict Wednesday in a highly contentious case brought by Brinson Benefits, Inc. against Holmes Murphy & Associates, alleging a conspiracy to steal trade secret and customer information for the purpose of interfering with business contracts with health benefit clients. Cody Towns represented Holmes Murphy & Associates as lead trial counsel.
Read MoreA Federal Judge entered final judgment in favor of Defendants following a contentious trial of allegations of professional negligence against a law firm and its attorneys brought by their former client seeking in excess of $11 Million in damages. Cody Towns served as trial co-counsel for Defendants along with Mark Andrews of Dallas.
Read MoreA jury rendered a verdict in favor of client, RR Donnelley & Sons Company, on claims of breach of contract arising from a commercial mail sorting agreement. Cody Towns served as Texas co-counsel for RR Donnelley alongside Jeffrey Widman and Terry Banich of Chicago.
Read MoreA trial in Dallas resulted in a verdict in favor of Defendants on claims arising from a failed partnership dispute that originated from an outline on a napkin. Plaintiff sought in excess of $2 million against Defendants on claims for breach of contract, breach of fiduciary duty and punitive damages. Cody Towns represented Defendants at trial.
Read MoreThe Texas Court of Appeals in Houston has affirmed a trial verdict in favor of Firm client DynCorp International, LLC in a lawsuit alleging breach of contract related to deployed security forces in Iraq. Cody Towns served as lead counsel for DynCorp at trial and on appeal.
Read MoreA Dallas Judge ruled on the day before jury trial was to begin that the claims brought against Defendants Hydrocarbon Separation and its president related to a dispute over the asset purchase of intellectual property were not supported by law or facts sufficient to go forward to trial. Cody Towns was lead trial counsel for Defendants in the case.
Read MoreAn arbitration panel issued an order in favor of a former financial advisor sued by Fidelity. Fidelity alleged that the advisor solicited the clients he served while employed by Fidelity to terminate their relationship with Fidelity in violation of restrictive non compete and non solicitation agreements, as well as unlawfully using trade secret information. Cody Towns served as lead trial counsel for the financial advisor at arbitration.
Read MoreA Dallas County jury returned a verdict in favor of V.P.D., IV, Inc. for more than $1.8 million in damages on Wednesday related to debt owed by a large, multi-store Blockbuster franchisee for video DVDs sold by VPD. Cody Towns served as lead counsel for V.P.D. at trial.
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