As legal battle erupts between Bill Winterberg and Joel Bruckenstein, T3's allegedly wild profits from pay-for-play content get dragged into court of RIA opinion
In need of a partner when David Drucker retired, Bruckenstein brought in friendly rival Winterberg on a handshake coopetition deal; now Bruckenstein has Brian Hamburger defending him
J.L.Livermore
Lisa,
Wow! I haven’t had so much fun since the days of Joel and Andrew duking it out over technology turf! But this is amazing in so many ways. To Tim Welsh’s comment ““It remains to be seen whether this will actually hurt the T3 brand or not” I don’t see how it won’t. Regarding “while anyone running a conference is entitled to earn a profit… it may be awkward for T3 to solicit sponsorship… now that it’s been revealed… a $458,000 profit” all I have to say is I had heard that trade-shows were very profitable events but this is quite a take. It seems to me that settling via arbitration would have saved both gentlemen a lot of grief, embarrassment and likely a significant loss of revenue and both public and private sponsorship.
JLL
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