Pete Marketos tries high-stakes lawsuits to juries and judges.
Pete has won multiple plaintiff verdicts and take-nothing defense verdicts in state and federal court.
His verdicts have been featured in National Law Journal’s “Big Money Wins” (2013) and VerdictSearch’s “Top Texas Verdicts” (2013, 2014).
Pete was co-lead counsel for AT&T’s DIRECTV in a $4 billion trial brought by the Federal Trade Commission for alleged deceptive advertising. On August 16, 2018, the federal District Court for the Northern District of California granted, in large part, DIRECTV’s motion to dismiss the case after two weeks of testimony and the close of the FTC’s case-in-chief. See Judge guts FTC’s $4-billion lawsuit against DirecTV and Judge Rejects Large Parts of FTC Suit Against DIRECTV in the LA Times and Wall Street Journal. The FTC voluntarily dismissed the case against DIRECTV with prejudice on October 22, 2018. See FTC Drops $4B False Ad Suit Against DirectTV Midtrial in Law360.
Pete was lead counsel for the New York State Attorney General in a lawsuit filed by Exxon Mobil in federal court in Texas, where Exxon sought to halt the NYAG’s investigation into Exxon’s alleged climate-change coverup. The case was successfully transferred out of Texas and dismissed by the federal district court in New York.
Over a two-year period alone, Pete was lead counsel in six jury trials and won them all. Those results include:
- A fraud verdict against Mercedes-Benz from a unanimous jury after a two-week trial that was featured in the National Law Journal’s “Big Money Wins.”
- A take-nothing defense verdict against a market-dominant credit monitoring company on its claims for theft of trade secrets and a counterclaim verdict for willful violations of antitrust laws.
- A $5 million fraud and breach of contract verdict against a national communications company over a $15 million supply contract.
- A $6 million negligence verdict and judgment against UPS after a collision between a UPS truck and a cyclist rendered the cyclist a quadriplegic. The judgment was affirmed on appeal and the client received $4 million in net recovery.
- A complete plaintiff’s verdict dissolving a partnership that owned seven restaurants at DFW Airport after misconduct by a partner, and a take-nothing defense verdict on the partner’s $13 million counterclaim.
- A take-nothing defense verdict and a counterclaim verdict for damages and attorney’s fees in a products defect dispute between two national roofing suppliers after termination of a $75 million supplier relationship.
Pete has successfully tried cases involving mergers, acquisitions, and earn-out agreements with tens of millions of dollars in dispute before juries and arbitration panels. He won a $13 million judgment for civil racketeering (“RICO”) violations after a three-week federal trial; defeated a $20 million claim under the Computer Fraud and Abuse Act after a five-week federal trial; obtained damages verdicts and preliminary injunctions in large trade secrets disputes in federal and state courts; and won multiple fraud and breach of fiduciary duty verdicts in federal and state courts.
Pete was an adjunct professor of Trial Advocacy at the University of Texas School of Law for several years.
The Texas Lawyer recognized Reese Marketos as the Litigation Firm of the Year for 2013 in the small firm category.
University of Texas School of Law
Juris Doctor, with honors, 1999
Bachelor of Arts, 1996
United States Supreme Court; Texas Supreme Court; U.S. District Court for the Northern, Southern, Eastern, and Western Districts of Texas