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Behind the $22 Million Verdict Against Gene Phillips Company

Daniel Moos, the former president and CEO of Pillar Income Asset Management, sued his former employer after he was fired and claimed the company refused to pay him what he was owed.

Reed Smith trial team wins $22 million jury verdict against company founded by Gene Phillips

A Reed Smith trial team obtained a jury verdict of more than $22 million for Daniel Moos in a breach of contract and declaratory judgment against Pillar Income Asset Management, Inc. (Pillar), a company founded by late Dallas real estate mogul Gene Phillips.

AEC adds line of desiccant wheel dryers

New Berlin, Wis.-based Application Engineering Co. (AEC) launched a line of desiccant wheel dryers with improved energy efficiency for plastics processors needing precision moisture removal during material handling.

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