2013 Charles E. Simmons, et al. v. Dan M. Moody, Jr., et al
In the 295th Judicial District Court of Harris County, Texas, Judge Caroline E. Baker presiding. DLJ successfully defended Dan M. Moody, Jr., John S. Moody, Jr., and Dan M. Moody III in a partnership and real estate development dispute. The plaintiffs asserted breach of fiduciary duty, fraud, conspiracy to defraud, and unjust enrichment related to several residential and commercial developments in Katy, Texas, and sought more than $11 million in actual damages plus punitive damages. After a two-week jury trial, Judge Baker granted defendants’ motion for directed verdict on numerous claims and, afterward, the jury rejected plaintiffs’ remaining claims. Additionally, the jury found in favor of defendants on their counterclaims and awarded damages against plaintiffs.