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Paul Porvaznik – Business Litigator

Case Notes and Summaries of Recent Cases (State and Federal Courts – Illinois Focus)

Tag Archives: Gittliz

Company Exec Who Bilked His Employer Hit With Multi-Million Salary Forfeiture Judgment

The First District affirmed an almost $10M bench trial judgment in favor of a publishing company against one of its former officers in ICD v. Gittlitz, 2014 IL App (1st) 133277. The defendant engaged in a multi-year course of fraudulent conduct against his employer by issuing bogus expense reports and writing himself  company checks for “advances” …

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Posted byPaulPJanuary 19, 2015January 26, 2015Posted inBusiness TortsTags: breach of fiduciary duty, business torts, election of remedies, fraud, Gittliz, punitive damage
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