Gupta Must Pay Adviser $6.8 MillionDecember 18, 2013 – In The News
Mitchell Berns was featured in the Omaha World-Herald article "Gupta Must Pay Adviser $6.8 Million." The full text can be found in the December 18, 2013 issue of Omaha World-Herald.
The founder of InfoGroup, Vinod Gupta, was ordered by the New York Supreme Court to pay a Wall Street financial adviser $6.8 million in a dispute over a fee due based on the sale of the Omaha marketing company he left in 2008. The judge ruled that the financial adviser was entitled to the money after Gupta hired the firm to help him purchase InfoGroup from investors. Mitchell Berns successfully represented the financial adviser.