Wi-Fi Exec Must Pay $5.7M Over Breached Equipment Pact

Law360, Los Angeles (November 15, 2017, 6:38 PM EST) -- NFS Leasing Inc. has won $5.7 million in damages from an executive whose Wi-Fi supply company defaulted on a lease agreement for supplying Wi-Fi to sports arenas, according to filings in Massachusetts federal court Wednesday that show the company owes nearly $8.1 million as well.

U.S. District Judge George A. O’Toole Jr. slapped Christopher Barnes and Signal Point Holdings Corp. with the damages after NFS had argued in March that Signal Point subsidiary SignalShare did not respond to its amended complaint, saying there was “no genuine issue of material fact” left to dispute.

Wednesday’s orders granted the equipment lender summary judgment...

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