TransFirst Holdings, Inc. v. Andrew M. Phillips, U.S. District Court for the Northern District of Texas, Dallas Division, 2006
Services: Litigation/Trial Practice
, Business Litigation
Represented TransFirst Holdings, Inc., the largest privately held payment processing company in the U.S., in a federal suit against former officers for RICO violations, breach of fiduciary duties, fraud, and breach of contract. TransFirst discovered officers of a payment processing division were operating a covert enterprise of competing businesses while simultaneously working for TransFirst. Prior to trial, the Court ruled in TransFirst's favor on liability for breach of fiduciary duty and breach of contract. TransFirst tried the RICO case on liability and damages to federal district judge Jorge Solis over the course of three weeks. A favorable final opinion from the court was issued on August 30, 2011.