Following a two week long trial, jury deliberation only took three hours.
founder of this mozzarella cheese behemoth, had been sued by two of his nieces, Nancy and Mary.
Michael Jr. refused to sell in 2008 and again in 2012, when Jim approached him with the same offer: $250 million for his 25 percent of the shares. Burg described this as the moment when Jim Leprino decided to hatch his plan: Remove Michael Jr.
In one of the funnier moments of the trial, Burg seized the defense’s larger-than-life cardboard cutout of a handwritten note by Nancy Leprino, which the defense had claimed shows knowledge of the loans, stabbing at it with his finger to convince the jury not to consider the defendants' claims as valid.
The defense’s star expert witness was Douglas K. Moll, a law professor at the University of Houston Law and an expert on business law, particularly as it pertains to private companies. On the witness stand, Moll offered such memorable quotes as “Fairness does not mean equality,” when speaking on fiduciary duty, and"the law professor in me died inside," when responding to testimony from Patrick Gibbs, the fiduciary on the nieces' trust, about de facto dividends.
The defense lawyers pushed against the image the plaintiffs' lawyers were painting of Nancy and Mary Leprino as innocent victims. They called them out for not even asking Jim for the same loan-back opportunity before going ahead with this lawsuit. Strickland characterized the nieces as money-hungry and willing to destroy the legacy of Leprino Foods Company in their quest to monetize their shares, and he asked the jury to not let the nieces destroy the company that Jim has built.
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