Author: Steven Schwartz
Date: 08:02:00 06/05/98
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[Long Snip] >>Fidelity did not care so much about the long term ill effects of >>rating exaggeration. They are no longer. >>- Steve >Perhaps Fidelity knew they would lose the case but in doing so would >cause your firm irreparable harm from having to defend it. I am sure >that your attorney insurance went up. So who wins here? The lawyers and >judges and court reporters and court stenographers feeding off society's >trough. - KK Much about the U.S. legal systems stinks (not all, however). The recent Brehn vs. TASC lawsuit cost us over $14,000 in fees and expenses, and we had no knowledge whatsoever that TASC may have used Brehn's patented technology. We did not even know who Brehn was until we were part of the suit! We were sued solely so that pressure would be put on TASC to settle. Is that fair? NO!!! but we had to defend ourselves. Good thing we did because the judge placed a $581,000 judgment against TASC and we were freed from the case. Even though I was proud of our legal system's handling of the Fidelity case in court, Fidelity certainly would have had their wish if we (instead of the insurance company) had to absorb the $700,000 in fees. - Steve
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