From my perspective, our criminal justice system has lost perspective when those within it work to incarcerate citizens for decisions they make during the course of business, especially when those decisions lacked any criminal intent and any effort at self enrichment.The following represents some of what I learned about Greg's inspiring story.Johnson Fistel was initially appointed Co-Lead Counsel in state court in one of the highest-profile cases in the country challenging the award of backdated stock options by executive officers of Brocade. Government pursued and ultimately won criminal convictions against the responsible executives.
Johnson Fistel aggressively pursues complex litigation matters for both plaintiffs and defendants on an hourly or contingency fee basis depending upon the circumstances of the matter.
While not an exhaustive list, below are a few of the cases for which the firm has achieved noteworthy successful results for its clients.
Greg led a team of talented executives who oversaw a staff of thousands.
Together, Greg and his team were able to partner with some of the world's best known technology companies, including IBM, Hewlett Packard, Dell, EMC, and others that sold storage equipment to businesses and governments around the world.
I know how much pain the criminal charges brought to his life.
Despite the significant differences between our sentence lengths, I had a great deal of empathy for Greg because as I listened to him, I became convinced that his imprisonment represented a severe injustice.Brocade then formed a Special Litigation Committee and retained Johnson Fistel as co-counsel to Brocade to help litigate claims against ten former officers and directors of the company.After years of litigation, over million was recovered for Brocade.“I am proud to be part of a settlement that achieved what is now a rarity, more money for the shareholders in a merger case,” said Frank Johnson, one of the founding partners of Johnson Fistel.Cornerstone Research recently published a report regarding M&A shareholder suits in 2015 and the first half of 2016 reporting that amongst the hundreds of merger-related lawsuits identified, only six of those cases resulted in any monetary recovery for shareholders.Johnson Fistel then coordinated with counsel in a related derivative action pending in Delaware to negotiate a settlement that resulted in million in increased consideration to Titan’s shareholders in the all-cash merger acquisition.