The Firm obtained a judgment for $46.7 million following a two-month jury trial where the Firm represented California affiliates of Taiwanese-based Pou Chen Corporation. Pou Chen Corporation is one of the world’s largest companies with over 400,000 employees and facilities located in Taiwan, China, Vietnam, Indonesia, Mexico and the United States. Through its various operations, Pou Chen manufactures over 30% of the world’s athletic footwear and a whole host of electronic and other products for several major brands. Our clients filed suit in 2005 against MTS Products, and its owner Ben Hsia, arising from an agreement to sell electronics products – laptop computers, monitors and related electronics – to Wal-Mart. Our clients had never done business before with Wal-Mart, and brought in MTS and Mr. Hsia because of their extensive prior dealings as an approved Wal-Mart supplier. The venture sold over $50 million of products to Wal-Mart before dissolving amid allegations of non-payment of funds and defective products. The jury deliberated for nine days before returning one of the largest verdicts of the year. Read Article