RCT Defeats Challenge to $1 Billion Lawsuit
On March 27, 2018, the U.S. District Court for the District of New Hampshire ruled in favor of RCT’s client, the GTAT Litigation Trust, by denying a motion to dismiss its $1 billion lawsuit against certain officers of GT Advanced Technologies Inc., a former publicly traded company, related to its failed contract with Apple. That failed contract resulted not only in the company’s bankruptcy, but also a series of criminal and regulatory investigations regarding its sudden demise.
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Prior results do not guarantee a similar outcome.