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William Forti

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BUSINESS
July 30, 1996 | Times Staff and Wire Reports
Rejection of $107.4-Million Verdict Sought: General Dynamics Corp. said it has asked a California judge to reject the jury verdict in connection with the sale of a unit to General Motors Corp.'s Hughes Aircraft unit and to order a new trial. The verdict of the Los Angeles County Superior Court jury, which found that General Dynamics violated an agreement with former employees William Forti and Dolores Blanton, includes $7.4 million in compensatory damages and $100 million in punitive damages.
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BUSINESS
October 25, 1993 | RALPH VARTABEDIAN, TIMES STAFF WRITER
William Forti spent the Cold War as a General Dynamics executive, planning missile production in Pomona. Then he lost his job and joined 126,000 other unemployed aerospace workers in California. Forti packed his business suit away in the closet last year and embarked on his own defense conversion program, seeking to market a flying toy that would rival one of the most popular playthings of the past three decades: the Frisbee.
BUSINESS
July 27, 1996 | CHRIS KRAUL, TIMES STAFF WRITER
Two victims of Southern California's aerospace industry collapse received some sweet solace Friday when a Los Angeles County Superior Court jury awarded them $107.4 million in damages after finding that their former employer, General Dynamics, was liable for fraud and breach of oral contract. William Forti and Dolores Blanton, two longtime employees at the company's missile plant in Pomona, were awarded $3.
NEWS
March 17, 1992 | RALPH VARTABEDIAN, TIMES STAFF WRITER
The aerospace bust in Los Angeles County will deliver a devastating blow reaching into every sector of society and the economy, resulting in the loss of as many as 420,000 jobs by 1995, according to a comprehensive new report to be released today. The nation's most defense-dependent region by a wide margin, Los Angeles County will have to come to terms with the loss of $84.
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