Variety.com Reports that Digital Domain Loses Wrongful Termination Lawsuit to Ex-President Christian Bradley “Brad” Call
The following article was posted on Variety.com
http://www.variety.com/article/VR1500001200.html?categoryid=13&cs=1&query=brad+call
Digital Domain loses termination suit
"Button" vfx company to pay $2 million in damages
By David s. Cohen
In a verdict handed down Thursday evening in Malibu, Christian Bradley "Brad" Call has won his wrongful termination suit against visual effects shop Digital Domain and has been awarded approximately $2 million in damages.
The size of the award raises questions about whether Digital Domain can survive, though in a statement, DD’s VP and general counsel Joseph Gabriel, said the ruling is "absolutely not going to put the company out of business."
Gabriel further noted that the company is "evaluating its appellate options."
The jury was unanimous on most findings.
Call had accused executives of DD’s current owner, Wyndcrest Holdings, of firing him after he objected to turning over inflated income projections to Falcon Partners, which was due to invest in the company. Falcon went on to make the loan to DD anyway.
Testimony at the trial included accusations of securities fraud extending to both Wyndcrest and Falcon.
Wyndcrest is a private investment firm whose investors include helmer Michael Bay and former pro quarterback Dan Marino .
Call also prevailed in DD’s countersuit, which accused him of breach of fiduciary duty. The jury did find that Call broke his confidentiality agreement with DD in emailing himself the documents that later became evidence in the case.
Digital Domain was the lead shop on this year’s vfx Oscar winner, "The Curious Case of Benjamin Button" and contributed work to current smash "Transformers: Revenge of the Fallen."
It’s finances have been under a cloud since SEC filings revealed the company has never turned an annual profit since its founding in 1993 by Scott Ross , James Cameron and the late Stan Winston .













