After a two-week jury trial, Jackson Walker delivered a complete defense verdict in a multimillion-dollar alleged trade secrets dispute between two competing insurance companies selling life insurance in Latin America. The trial, which began on February 26, 2024, was held in the 455th District Court of Travis County, Texas.
Jackson Walker’s client, Randall H. Riley, was fired from plaintiff Citizens, Inc., a publicly traded insurance conglomerate. Mr. Riley subsequently started his own life insurance company, Citizens American Life. Believing them to be working with Mr. Riley, Citizens also fired our clients Alexis Delgado and Carlos Nalsen Landa, who were some of the plaintiff’s top-selling insurance agents in Venezuela. The plaintiff then sued our clients, claiming they formed an illegal copycat company, breached non-disclosure agreements, and misappropriated trade secrets, and also sued First Trinity Financial Corporation after it purchased Mr. Riley’s company.
The plaintiffs sought $15.9 million in actual damages as well as punitive damages. After a two-week jury trial, the jury came back and awarded the plaintiffs zero dollars and awarded Mr. Delgado and Mr. Nalsen a combined $1.29 million as a result of their claims related to plaintiffs’ wrongfully taking away their sales commissions.
A Jackson Walker team led by Austin partner Scott W. Weatherford and senior counsel Peter C. Hansen represented Mr. Delgado, Mr. Nalsen, and Mr. Riley and his companies. Co-defendants First Trinity Financial Corporation, Trinity American, and Mike Buchweitz were represented by Dan Richards and Chase Hamilton at Richards Rodriguez & Skeith.
The case is Citizens, Inc. v. Riley, No. D-1-GN-18-006739, in the 455th District Court of Travis County, Texas.
Meet Our Team
About Jackson Walker’s Trial Team
Jackson Walker’s trial group is one of the largest in the Southwest, comprising about 30% of the firm’s more than 500 attorneys. A formidable opponent in the courtroom, our diverse experience covers a broad range of industry sectors and specialty practice areas and takes us into courthouses across the state and nearly every Texas county. Our trial practice also spans the U.S., as we have litigated cases in all 50 states. To explore the firm’s experience representing clients in real estate-related disputes, visit the Trial & Appellate Litigation practice page.
Clinton Mora is a reporter for Trending Insurance News. He has previously worked for the Forbes. As a contributor to Trending Insurance News, Clinton covers emerging a wide range of property and casualty insurance related stories.