[Shop-talk] Craftsman Tools

[Lee Daniels]

The Sears/Peter Roberts story is not quite that simple, but it's a good one.
For a detailed look at the original suit (dating back to Robert's original but
rejected patent application in 1965) and the appeals and counter-suits through
1983, go here:
   http://www.projectposner.org/case/1983/723F2d1324
The award never came close to 105 million, though.

 - Lee


> Some years back a young tool salesman at Sears submitted a suggestion for a
> quick release ratchet, the home office told him they would check into it but
> did not have intentions of going very far with it, less than one year later
> "Craftsman" had a full nationwide sale on a totally new "quick release
> ratchet",  Sears made it a really big deal introduction, but' only gave the
> employee $5,000 bucks, he sued and came away with ==$105 million== , his
> claim, they lied to him about what he had and their plans for it..  "FT"
> _______________________________________________