Following a six-week trial in a California Superior Court, McCuneWright
partners David Wright and Kristy Arevalo obtained a verdict of $23.3 million
on behalf of their client, a 50% owner of a closely held corporation,
who had been frozen out of profit distributions by the other shareholder
and board of directors. The Court awarded the $23.3 million in damages
and set the case for further proceedings on the amount of punitive damages
to award to McCuneWright’s client. It is believed that this verdict
is that county’s highest verdict in 2014.