Dan Gilbert Owned Amrock Title Hit With $706 Million Judgment By Texas Jury In Software Stealing Case
The jury awarded HouseCanary $235.4 million for misappropriation of the trade secrets and fraud. The jury also awarded the company $471.4 million in punitive damages.
Additionally, Eisenshtadt sted:
HouseCanary made several unkept promises leading us to file a contract claim. However, when we asked the court to intervene, a local attorney and professional plaintiff law firm spun a distorted and twisted counterclaim narrative.
Eisenshtadt added Amrock never received working software from HouseCanary. Additionally, he claimed wireframes and half-developed apps that were completely unusable by the company:
Eisenshtadt also said the company plans on responding in typical Gilbertian fashion. They plan on appealing the decision and drag out the appeal long enough to force HouseCanary to take a lower payoff or risk going insolvent fighting Dan Gilbert.
Lawyers for HouseCanary said Title Source declined to pay the company after 18 months of work. Consequently, they sued Title Source and in Bexar County, Texas.
HouseCanary also alleged the company misappropriated trade secrets which violated the non-disclosure agreement the two companies signed.
HouseCanary attorneys said Thursday: