The latest case to hit our courts of equity is a $4.7 billion deal between two hedge funds. The details are fascinating and the facts are shocking, but it is a story of money, lawyers, and the legal system.
It’s not just money that is at stake. The deal is being challenged in court because of the way the parties have structured their relationship. The hedge funds are being represented by the same law firm that’s handling our lawsuits against Google and Facebook.
That’s right. The very same law firm that’s fighting in our lawsuits against Google and Facebook to get them to take down links to our website is going to be defending a hedge fund against a hedge fund. This is the exact same sort of situation that the hedge fund lawyers were fighting against Microsoft’s Windows 95 lawsuit. Even though it’s hard to believe, Microsoft itself is the target of our lawsuits.
I’m sure that we’re going to win. We have so much evidence that we’ve collected that we can’t just go to trial. Microsoft isn’t going to risk letting a jury see it. But we already know that the lawyers who are defending Microsoft are much smarter than the ones who are fighting our lawsuits. And our evidence is just as good.
With our evidence, we’ll be able to show that Microsoft has broken every single promise it made in its public statements. We’ll be able to prove that the company has been lying to investors, the press, and the public. Our evidence will show that Microsoft is in fact a corrupt and unethical company. And that is a very good thing.
After a year of trial and error, we have a strong legal case for our first lawsuit against Microsoft and we plan to file our second lawsuit in the coming weeks. This time we plan to use the same evidence to show that Microsoft’s decision to pay $1.4 billion for the company’s former parent company, RIA, is fraudulent and an attempt to cover up its own shoddy management. We plan to also show that Microsoft is engaged in a massive cover up of its own.
The company is called RIA, and it used to be known as Softline, then Softline Realty. It was formed in 1999 when Microsoft purchased the company of the same name due to the belief that the company had financial problems. RIA was originally based in Vancouver, British Columbia and had several offices around the world. RIA was acquired by Microsoft in 2004, and Softline Realty was split off into two companies named Softline Real Estate and Softline Private Equity.
The problem is that the company that Softline Realty bought out of bankruptcy, Softline Real Estate, has since been sued by a former employee for alleged sexual harassment. This is the same lawsuit that Softline Private Equity is currently facing.
The lawsuit against Softline Realty is one of the latest waves of litigation that’s been brewing in Canadian and U.S. courts for quite some time now. In these types of cases it’s very common for plaintiffs to allege that the company they’re suing is breaching its duty to the former employee. That is, the company is knowingly allowing a pattern of harassment against the former employee, but the company is actually ignoring the harassment the former employee is actually suffering.
I don’t want to get too specific here, but the question of whether there was a pattern that Softline Realty should have been aware of, or whether it should have responded to the harassment, etc. might be the first step in answering that.