StorageTek Squirms Out Of $12M Verdict

Law360, New York (November 13, 2006, 12:00 AM EST) -- A California appeals court has thrown out a $12 million jury verdict against Storage Technology Corp. on the grounds that it did not withhold $112,000 in commissions from a former salesman.

The Court of Appeal of the State of California ruled Wednesday that the salesman, Ted Marx, had no valid claim for wages because the data storage company never violated its account executive initiative plan.

“While that contract term may not be favorable to Marx, it nevertheless was agreed upon and we cannot rewrite the parties’...
To view the full article, register now.