Corporate Fraud | Jury Verdicts & Settlements

International Firearms v. Glatze: Jury Clears All Defendants

The legal battle between International Firearms South, Inc. and Glatze Militum, LLC concluded in a Miami-Dade courtroom after years of allegations involving missing funds and broken promises. International Firearms launched the lawsuit claiming that Yevgeniya Carita, acting for Glatze, had siphoned $400,000 from their joint venture bank accounts without permission. The plaintiff argued this was a clear case of conversion and a breach of fiduciary duty that crippled their business operations. However, the defense maintained that the plaintiff had failed to meet its own contractual obligations. In a sweeping decision, the jury found that International Firearms had not performed its essential duties under the agreement, nor was it excused from doing so. Consequently, the jury cleared the defendants of all charges, and the court ruled that the plaintiff would recover nothing from the suit.

Mergers & Acquisitions

Kovacic v. Sharecare: Defense Wins $3.5M Merger Fraud Case

In the high-stakes legal battle of Greg Kovacic v. Sharecare, Inc. et al., a California jury delivered a total defense victory, resolving allegations of corporate "bait-and-switch" tactics. Kovacic, the former CFO of doc.ai, alleged he was defrauded into waiving a $3.48 million merger payout based on false promises of long-term executive stability and a "key employee" status at Sharecare. The case took a dramatic turn with Kovacic alleging that Sharecare forged his employment contract by swapping signature pages to restrict his outside business interests. However, after a full trial in the Santa Clara County Superior Court, the jury rejected these claims. While the jury acknowledged that Sharecare made certain representations to Kovacic, they concluded the company intended to keep those promises at the time they were made. Furthermore, the jury cleared Sharecare CFO Justin Ferrero of all personal liability, finding he made no false statements. On November 14, 2025, the Court ruled that Kovacic would receive nothing, solidifying a major win for Sharecare and affirming the validity of their termination of Kovacic for "cause."