Arent Fox Team Achieves Total Victory on Behalf of the Potomac Group
WASHINGTON — March 26, 2007 — Arent Fox LLP announced today that, after two months of trial but less than five hours of deliberation, a jury returned a unanimous verdict on all counts on behalf of its client, the Potomac Group.
Moreover, the Potomac Group was awarded the full damages that it sought on its counterclaims against the plaintiffs, and the court barred the plaintiffs from using the “Potomac” name in connection with their business.
Mike Stevens, co-manager of the firm’s litigation department, said, “Despite the demanding hours, some challenging rulings by the court and the rather complicated nature of the evidence, the Arent Fox team presented a masterful and motivating argument that clearly convinced the eight-person jury.”
The case started in September 2002 when the plaintiffs – Potomac Group West, Inc., and Steven Leisher – filed a lawsuit accusing the Potomac Group and other defendants of fraud and breach of contract relating to the payment of commissions on life insurance policies placed through the Potomac Group, a life insurance general agent owned by the BISYS Group, Inc.
Plaintiffs asked the jury to award damages in the amount of $15 million against the Potomac Group. The Potomac Group counterclaimed for damages and to bar plaintiffs from using the Potomac name in the future. As noted above, the Potomac Group fully prevailed on the claims it made to the jury.
The Arent Fox trial team included Jay Hulme, Sam Charnoff, Jack Hitt, Lauren Berlacher, Jessica Smoluchowski and Josh Fowkes.
About Arent Fox
Arent Fox LLP, a full-service law firm with more than 300 lawyers, has offices in New York, Washington, DC, and Los Angeles. Arent Fox provides services to Fortune 500 companies, government agencies, trade associations, foreign governments, health care facilities, start-up companies and other entities.