Texas Court Dismisses All Claims Against Firm Client in $45 Million Civil Insider Trading Case

A 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 More
Court Approves $3 Million Settlement Award in Shareholder Derivative Lawsuit

A 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 More
Jury Rejects $4 Million Claims Against Clients in Conspiracy and Trade Secrets Trial

A 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 More
Defense Verdict in Trial Alleging in Excess of $11 Million Against Clients

A 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 More
Client Prevails in Trial Seeking $2 million in Damages Over Partnership Agreement Outlined on Napkin

A 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 More
Judge Issues Defense Judgment in Favor of Client on the Day Before Jury Trial Begins

A 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 More
Arbitration Panel Rejects Claims Brought by Fidelity Brokerage Services Against Former Financial Advisor

An 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 More