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The judge who tried to claim $67 million from family-run dry cleaner who lost his pants

US justice

Most people have been in a situation where they have dealt with a small business that has made a mistake.

Damage to goods and items being lost are fairly common in the world of the small business person.

Unlike a lot of corporations, the people who run these businesses will usually go out of their way to try to solve these issues.


As annoying as things like this are, most of us will accept an apology and move on with our lives.

Not many people would try to drag the matter through the courts and try to get a truly astonishing amount of money from a business that almost certainly doesn’t have it.

However, this actually happened in 2007, and involved a furious judge.

Roy Pearson was a judge in Washington DC who decided the best course of action towards a family-run dry cleaner who lost a pair of his pants was to launch an enormous and hugely expensive lawsuit.

Pearson claimed the owners of the dry cleaner, Jin and Soo Chung, lost his pants (trousers for UK readers) after he bought them in for a $10.50 alteration.

He said they tried to give him back a cheap imitation pair of his $800 trousers.

The Chungs tried to settle the row by offering the judge what seemed to be a very generous $12,000 – 15 times the value of the trousers.

Pearson was not impressed and took the issue to court.


He argued signs claiming “Satisfaction Guaranteed” and “Same Day Service” signs in the store gave an “unconditional guarantee” that meant he was entitled to a lot more money.

He launched an astonishing claim for $1,500 per defendant for each of the estimated 12,000 days the signs appeared in the store.

He also claimed emotional damage, the cost of a rental car he used to drive to another dry cleaner and his legal fees.

The total amount he claimed should be paid was an incredible $67 million, although that total was generously reduced to a mere $54 million.

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Did the Chungs have to pay?

Happily, common sense prevailed.

A judge in the district of Columbia ruled in favor of the Chungs.

Pearson was ordered to pay their court costs and attorney fees.

He appealed the decision and lost that as well.

He then tried to have the case heard again in a higher court, which was refused.

Finally, he tried to get it heard in the US Supreme Court – the highest court in the land, and that request was also rejected.

Things got even worse for him as a committee subsequently refused to give him his job as an administrative law judge back, partly due to his behavior during the lawsuit.

He sued over wrongful dismissal, and lost that too.

He was widely ridiculed for his actions, with the case cited as one of the worst examples of a frivolous lawsuit and an abuse of the legal system.

The Chungs closed the shop in September 2007.

They claimed the closure was as a result of the revenue and emotional strain from the lawsuit.

They owned a second shop and said they’d be focusing on that.

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The pacemaker, fireworks and potato chips – these products were all invented by accident

A firework display in the night sky

We often hold inventors of products we wouldn’t live without in high regard and praise their achievements and hard work.

But many products throughout history were made entirely by accident.

It makes them more worthy of their place in history because it shows how vital some of these products are to us now, but if it weren’t for someone doing a specific thing that day that accidentally invented them, we might not have them.



Creator: Percy Spencer.

Spencer was an engineer working for Raytheon Corporation.

What was supposed to have been made:  He was doing research based on radars with a new vacuum tube.

How it was made: Spencer had a chocolate bar in his pocket that was melting while conducting experiments. So, fascinated by this, he put popcorn into the machine, and it began to pop.

This was the first steps of a revolutionary device we can’t live without.

The Pacemaker

Creator: John Hopps.

Hopps was working as an electrical engineer.

What was supposed to have been made: Hopps was researching the effects of hypothermia and seeing if radio frequency could be used to heat and restore body temperature.

How it was made: In the middle of the experiment, he acknowledged that if a heart stopped beating because the body temperature was too low, it could be restored and started again by artificial stimulation.

This led to the pacemaker, which saves thousands of lives every year.

Potato chips

Creator: George Crum.

Crum was a chef at the Carey Moon Lake House in New York.

What was supposed to have been made: Fried potatoes.

How it was made: The potato chip came into being thanks to an unhappy customer.

Crum was on shift one evening when an irate customer sent back his plate of potatoes.

The man sent them back to the kitchen asking for them to be more fried and cut thinner, and thinner, and thinner.

Eventually, Crum lost his cool and sliced them as thinly as he could and fried them until they were solid.

In fact, the fussy customer loved them, and that was how potato chips were born.

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Creator: An unknown chef in China

What was supposed to have been made: Allegedly, the chef was messing around and experimenting in the kitchen.

How it was made: The cook accidentally mixed charcoal, sulfur, and saltpeter, everyday kitchen items at the time. This mixture was put in a bamboo tube, and it exploded.

LSD as a drug

Creator: Albert Hofmann.

Hofmann worked as a chemist.

What was supposed to have been made: He was researching lysergic acid products at a lab in Switzerland.

How it was made: The chemist accidentally swallowed a small dose of LSD while trying to research its properties and was inadvertently the first person in history to have an acid trip.

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Former Wall Street traders jailed after long-running precious metals fraud

A judge's gavel

Two former Wall Street traders have been jailed for a multi-year fraud scheme involving precious metals.

Court documents show Edward Bases, 61, of New Canaan, Connecticut, a former senior trader at Deutsche Bank and Bank of America in New York, and John Pacilio, 59, of New York, a former senior trader at Bank of America and Morgan Stanley in New York, fraudulently pushed market prices up or down by placing large “spoof” orders in the precious metals futures markets that they did not intend to fill.

They carried out the scam to manipulate prices for their own gain and the banks’ gain, as well as to defraud other traders on the Commodity Exchange Inc. and the New York Mercantile Exchange Inc., both of which are exchanges run by the CME Group.

READ MORE: Former Goldman Sachs boss jailed for multi-billion bribery and money laundering scandal

As a result of their behavior, other market participants were induced to trade at prices, quantities, and times that they otherwise would not have traded.

The two were convicted in August 2021 of conspiracy to commit wire fraud affecting a financial institution and multiple counts of wire fraud affecting a financial institution. Pacilio also was convicted of commodities fraud.

They were both jailed for a year and a day.

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Tesco screens candidates for chairman John Allan’s successor


Tesco has started screening candidates to replace long-serving chairman John Allan, who is nearing the end of his term.

Sky News report headhunters have begun approaching candidates for the supermarket chain’s top position.

According to sources, several heavyweight boardroom figures have been also been approached about the position in recent weeks.

Read More: Thai factory workers who made jeans sold at Tesco sue over alleged negligence

Allan will step down next year because he has “timed out” under corporate governance guidelines, which prohibit chairs from serving for more than nine years.

Former BP finance chief Byron Grote, who is also set to leave the supermarket giant’s later this year, is leading the internal search.

During his tenure as Tesco chairman, Allan has been a vocal figure.

He was appointed shortly after the discovery of a £263 million accounting black hole in the grocer’s accounts, raising concerns about the company’s survival.

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Earlier this year, he faced a backlash from suppliers after claiming that some companies may be using inflation as an excuse to raise prices beyond what is necessary.

Source Retail Gazette

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