Word: antitrusters
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...trial lawyers in the U.S. are living large. Texas tort king Joe Jamail is widely known as the world's richest lawyer, with a net worth of $1.2 billion. When Frederick Furth, a top San Francisco trial lawyer, isn't litigating antitrust cases, he is engaging his passion for wine at his 1,200-acre Chalk Hill vineyard in Sonoma County, Calif. Wayne Reaud (pronounced Ree-oh) has used his hundreds of millions of dollars in fees from asbestos and other "toxic tort" litigation to buy the local newspaper and a chunk of downtown real estate in his hometown...
...larger. In 1978 Jamail brought a case against Remington for defects in a gun that injured a man in a hunting accident. The $6.8 million settlement landed him in the Guinness Book of World Records. Furth won his clients $70 million in 1973 on an antitrust price-fixing case against gypsum-wallboard manufacturers (and got a $4.3 million...
Larry Ellison's enemies were gleefully talking trash last week. Reports were rampant that Ellison, the flamboyant CEO of softwaremaker Oracle, had hired private investigators to peruse the garbage of groups defending his archrival Microsoft in its antitrust case. Reporters descended on Larryland, as the company's Redwood Shores, Calif., campus is called, anticipating Larrygate...
...nevertheless be the kind they should get used to. The Microsoft antitrust trial--where Gates was pilloried with his own e-mail--taught America not to archive e-mail. Dumpstergate's lesson is that if you're going to record data on anything as retro as paper and use anything as low tech as a Dumpster, you'd better remember to use a shredder...
That wasn't enough for Ellison. Oracle retained Washington-based Investigative Group International to probe the pro-Microsoft spinners in the antitrust battle. I.G.I. hit pay dirt. Oracle says that in the trash of the Independent Institute--which took out pro-Microsoft ads signed by leading academics--investigators found evidence that Microsoft had given the group more than $200,000. (The Independent Institute insists its positions have been unaffected by any support from Microsoft...