What started out 10 years ago as a case about theft of trade secrets, brought against the employer of several engineers who left Eaton Corp., ended this summer with Eaton—and not the defendants—paying dearly for its lawyers’ missteps and misconduct.
Facing an Aug. 26 trial date after an unfavorable appeal to the Mississippi Supreme Court last November, Eaton and its general counsel, Mark McGuire, decided in June to pay the defendants $147.5 million to make the case go away.
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