A federal judge has awarded Liberty Media a $999 million judgment against Vivendi in a lawsuit decided by a jury in June 2012, Bloomberg reports. The jury had agreed that Vivendi inflated the value of shares in USA Networks that Vivendi sold to Liberty, and the judge calculated the damages as €765 million with interest from December 2001, according to a court filing Tuesday. Judge Shira Scheindlin said the damages would be calculated in euros because Liberty “bore risk and suffered losses” in euros. The verdict is the fourth-largest in the U.S. in 2012. The biggest was the $1.17 billion award to Carnegie Mellon University over Marvell Technology. Second-largest was Apple’s $1.05 billion verdict against Samsung, followed by Monsanto’s $1 billion victory over DuPont.
- TLC Brings NBC's 'Who Do You Think You Are?' Back From the Grave (Exclusive) The Wrap - 5 hours ago
- Hollywood's disabled actors protest NBC's 'Ironside' casting - when is it their turn? Reuters - 4 hours ago
- VH1 sets 'Gossip Table' for June 3 Reuters - 4 hours ago
- 'Nashville' Crew Member's Wife Accuses Show of Mistreatment The Wrap - 4 hours ago
- Nick Jonas, Giuliana Rancic to host Miss USA AP - 3 hours ago