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The Focal Point, Weil, Gotshal & Manges of New York, and Ruby & Schofield Win 400 Million Dollar Settlement in Williamson v. AT&T Corp
Santa Clara, Calif. (May 13, 2005) – The Focal Point LLC helped garner a successful settlement for Williamson in its suit against AT&T Corp. On May 4, 2005, AT&T agreed to pay $340 million and to release $60 million more in a settlement with AtHome Bondholder’s Liquidating Trust.
AT&T was alleged to have breached the fiduciary duties it owed to AtHome by misappropriating AtHome’s trade secrets and building a high-speed network using those secrets after AtHome filed for bankruptcy in September 2001. AtHome was represented by a team of lawyers lead by Joseph Allerhand, Esq. of Weil, Gotshal & Manges LLP of New York and Allen Ruby, Esq. of Ruby & Schofield in San Jose.
The Focal Point collaborated with these legal teams providing trial strategy and graphics expertise in preparation for trial. Persuasive graphics and case strategy devised by The Focal Point clearly illustrated AT&T’s fraudulent practices and contributed to the settlement of the case.
“The parties involved chose to settle outside of the Santa Clara County Court, and we’re very pleased with the settlement,” said Chris Ritter, a partner at The Focal Point. “AtHome received the compensation it deserved.”