Richard D. Anderson and Mary L. Anderson - Page 6




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               On April 8, 1988, the jury returned verdicts in favor of               
          Mr. Anderson, awarding him $2.5 million for tortious                        
          interference with business relationships, to be paid equally by             
          the defendants, and $1 for slander.  In addition, the jury                  
          returned a favorable verdict for Carrera on all three of its                
          claims in the original lawsuit.  The jury awarded $3.7 million              
          to Carrera for tortious interference with its business                      
          relationships and $1 for slander, to be paid equally by the                 
          defendants, and $100,000 for breach of a fiduciary duty, to be              
          paid in equal shares by Whitehead and Gillespie.  A judgment                
          was entered to reflect the foregoing.                                       
               The defendants moved for a judgment notwithstanding the                
          verdict or in the alternative for a new trial.  The court                   
          granted the defendants’ motion for new trial as to damages                  
          only.  Ultimately, by means of a stipulation and consent order,             
          the court reduced the award for Mr. Anderson’s claim for                    
          interference with his business relationships from $2.5 million              
          to $210,000, to be paid in equal shares by each defendant.  The             
          court did not disturb Mr. Anderson’s $1 award for slander.  In              
          addition, the court reduced the amount awarded for Carrera’s                
          claim for tortious interference with business relationships                 
          from $3.7 million to $300,000, but it did not disturb Carrera’s             
          awards for breach of a fiduciary duty or for slander.                       








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