A Montgomery County judge has awarded roughly $350,000 to counsel representing a defendant accused of breach of contract in a case relating to stock purchases.
The plaintiff, Hiren Patel, sued Timothy A. Mann, owner of Philadelphia Franchise Development Corp., for dissolving the company and not furnishing Patel with stock certificates after Patel bought the majority of the shares of the company, according to his complaint. Patel sought to recover $450,000 he paid to Mann. The defendant claimed Patel’s case was meritless and that he and his lawyer were responsible for prolonging “vexatious” litigation. The jury found in favor of Mann.
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