UPDATED: Chain of Events ARONSON/GORTON
BOLDED: indicates lawsuits in progress
RED indicates yet to be filed
1) Oct of 2007: Aronson filed a lawsuit for $14MM for breach of contract.
(combined action of Aronson and Gorton)
2) March of 2010: Aronson dropped case one day prior to jury trial case dismissed without prejudice
3) April of 2010: ACT filed to recoup about $625K in attorney fees
4) June of 2010: Trial court denied ACT's appeal for attorney fees
5) Aug of 2010: ACT filed in Appellate Court to recoup the $625K
6) June 21, 2011: Apellate court agreed with lower court, ACT denied attorney fees.
Respondent(Aronson) has right to recoup his fees once filed in lower court
7) August 23, 2011: Aronson files with FEDERAL Court for $12,389,000 . Instead of filing under
contract dispute, he has now filed under Securities/Commodities dispute.
8) 08/24/11 Remittitur Filed Back In Trial Court. Upcoming Filing will determine the settlement amount being asked for. Some settlement fees are not negotiable but attorney fees can be asked for too. This is from APPEAL ACT lost to Appellate court
9) August 25, 2011: Gorton files with FEDERAL Court for $3,000,000. Filed cause:
Securities Fraud