Firm News

$45 Million Claim Against Directors and Officers of WebXU, Inc. Defeated on All Counts by Litigation Team led by Uri Litvak; $700,000 Awarded On Counterclaim and in Fees and Costs

NEWPORT BEACH, Calif., Sept. 17, 2015 /PRNewswire/ — About a month after Santa Monica media company Webxu Inc.‘s plan to acquire nearby marketing firm Media Trust Performance Marketing Inc. fell through in 2013, it was slapped with a $45 million breach-of-contract lawsuit. But last month, after a long legal battle, a Los Angeles Superior Court judge confirmed a $700,000 arbitration award in favor of Webxu. Plaintiffs Media Trust Performance Marketing, Inc. ...

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