U.S. Business: The Champagne Case

In one of the longest, bitterest and most expensive trials in business history, a California jury had watched a battle between a $700 million corporation and an ex-employee for 97 days of court sessions. The ex-employee, Emmett Steele, 45, former director of military relations of California's widespread Litton Industries, charged in a civil suit that he had helped to found Litton in 1953. He had, he said, persuaded Charles Litton to sell his electronics company to present Litton Chairman Charles ("Tex") Thornton and his associates, had later used his connections to help Litton...

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