Ex-Warner Home Video President Warren Lieberfarb and MOD Systems ...
Ex-Warner Home Video President Warren Lieberfarb and MOD Systems have settled their legal fight, both sides announced Wednesday without disclosing terms. Lieberfarb sued MOD Aug. 19 for breach of contract, alleging MOD had failed to repay him for a $500,000…
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loan plus interest under a promissory note that came due July 31. MOD countersued in January, alleging Lieberfarb had shared MOD’s trade secrets with investors in hope of starting his own company to compete against MOD. Lawyers for Lieberfarb and MOD filed a joint stipulation of dismissal notice Tuesday in U.S. District Court, Seattle, asking that the case be dismissed with prejudice and “without costs or attorneys’ fees taxed to any party.”