February 1, 2023
After half a decade of litigation, we are proud to announce that Rachel Fiset and the team at ZFZ Law achieved a full dismissal on Friday of claims against client Joseph Prencipe in Esos Rings, Inc. v. Prencipe, et al. a civil case, at Stanley Mosk Courthouse in downtown Los Angeles.
Mr. Prencipe is the inventor of a payment ring technology patent that has been the subject of an ownership dispute for over five years. Plaintiffs filed eight causes of action against our client seeking over $30 million in damages stemming from an alleged fraudulent transfer of a patent assignment by Mr. Prencipe. Prior to the jury trial, a bench trial took place and plaintiff dismissed all claims against our client apart from a breach of fiduciary duty claim.
On January 26, 2023, during the jury trial, after only thirty minutes of cross-examining the plaintiff and before putting on Mr. Prencipe’s full defense, plaintiff’s counsel called a sidebar to dismiss its remaining claim against Mr. Prencipe.
The ZFZ team included Rachel Fiset, Jeanine Zalduendo, William Odom and Ashley Amell.
