BOSTON – LAWFUEL – Legal Newswire Service – Sullivan & Worcester LLP announced today that it won a $10.5 million jury verdict on behalf of its client, Alfred West, against IDT Corporation, of Newark, New Jersey, in the United States District Court for the District of New Jersey. After a three-week trial, the New Jersey jury found that IDT had breached a handwritten contract (attached) that its Chairman, Howard Jonas, drafted and signed while recruiting West, a telecommunications entrepreneur from Brooklyn, New York. The jury also found that IDT violated its duty of good faith and fair dealing.
Barry Pollack, a partner in S&W’s Boston office and a former federal prosecutor in the Newark, New Jersey Office of the United States Attorney, served as lead trial counsel for Mr. West. Joseph Scholz of McCarter & English, LLP, in Newark, New Jersey, and Joshua L. Solomon of S&W’s Boston office, tried the case with Mr. Pollack. When asked about the case, Mr. Pollack said, “The verdict confirms that, whether on a slip of paper or in an 80-page contract, the words ‘this is binding’ mean ‘this is binding.’”
Mr. West is currently the President and CEO of Xchange Telecom, Inc., of Brooklyn, New York. Mr. West formerly served as the CEO and Chairman of Econophone, Inc., later known as Destia, Inc. (Nasdaq, DEST), and as an officer of Viatel Inc.
IDT is a publicly traded company, listed on the New York Stock Exchange.
About Sullivan & Worcester LLP
Sullivan & Worcester LLP is a leading corporate law firm providing counsel to domestic and international clients ranging from Fortune 500 companies to emerging businesses. With more than 200 lawyers in Boston, New York and Washington D.C., the firm offers services in a wide range of areas including corporate finance, securities, litigation, mergers and acquisitions, tax, real estate, private equity and venture capital, bankruptcy, regulatory law and employment and benefits. Sullivan & Worcester is also recognized for its representation of REITs and its deep expertise in mutual fund law. For more information please visit www.sandw.com.List your legal jobs on the LawFuel Network