Munger, Tolles & Olson was recognized on The National Law Journal’s Top 100 Verdicts list of 2018 published on June 5, 2019.
As co-counsel with Hunton Andrews Kurth, the firm represented family-owned door manufacturer Steves & Sons in a groundbreaking antitrust lawsuit against JELD-WEN, a supplier of door manufacturing products. After nearly three weeks of trial, a jury found that JELD-WEN violated Section 7 of the Clayton Act, which bans mergers that significantly lessen competition, after its acquisition of CraftMaster in 2012.
The jury awarded Steves & Sons $12 million in damages and $46.5 million in future lost profits, and ordered the divestiture of certain JELD-WEN assets. The verdict ranked 14th based on size of the jury award obtained.
The trial team was led by Glenn D. Pomerantz and included Munger, Tolles & Olson attorneys Kyle W. Mach, Kuruvilla J. Olasa and Emily C. Curran-Huberty; co-counsel Hunton & Williams attorneys Lewis F. Powell III, John S. Martin, Maya M. Eckstein, Alexandra L. Klein, Joshua P. Hanbury, Meghan A. Podolny and William H. Wright; and Marvin Pipkin and Kortney Kloppe-Orton of Pipkin Law.