What Did Quattrone Know, and When Did He Know It?
October 8, 2003
The Frank Quattrone trial proceeds — see this Dow Jones story, or this search in the Yahoo news files. As has been widely reported, Quattrone received a “let’s clean up those files” email and forwarded it to his group at Credit Suisse First Boston. He had recently been told by a CSFB in-house lawyer that the SEC was doing an investigation into some CSFB-related matters. It’s in dispute whether he was told enough to make him realize that his own group should suspend any cleaning out of their files.
The jury will have to decide — more than 3-1/2 years after the fact — whether Quattrone had the intent to obstruct justice when he forwarded the clean-up email to his group. Even if Quattrone is acquitted, his life and career have suffered major disruption, all because of an email.
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Will Your PPT Slides’ Footer Help Lose a Lawsuit Too?
October 1, 2003
Last week a court poured out * Storage Technology’s corporate-raiding lawsuit against Cisco. One of the nails in the coffin was the way that Storage Tech had protected — or more accurately, failed to protect — the alleged trade secrets that Cisco had supposedly misappropriated. While that alone didn’t lose the case for Storage Tech, it didn’t help, and it likely has triggered some internal recriminations at Storage Tech.
* When a lawsuit is “poured out,” it generally means the lawsuit was dismissed, in this case, by the granting of summary judgment.
Here’s the story: