(This story, in slightly different form, originally appeared in ALM's Daily Business Review.)
BOCA RATON, FL-A seven-month legal battle between locally based Woolbright Development and a former executive of the company who accused the developer of fraud, has quietly come to an end. Details of the agreement are not in court records, but a Woolbright spokesman says "the lawsuit has been amicably settled," declining further comment.
The suit in Palm Beach County Circuit Court was dismissed after the shopping center owner, its president Duane Stiller and former executive Jonathan Porter recently reached a settlement. Porter and his attorney, Mitchell Adler, did not return calls seeking comment.
The legal dispute between Porter and Woolbright started about a month after he was fired as finance director in January. Woolbright sued Porter, claiming he had taken proprietary information from the company's database, which contains information about 2,300 shopping centers in Florida.
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