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After deliberating for mere hours, a federal jury in San Francisco on Tuesday returned a $170.7 million verdict on behalf of former shareholders of an allegedly sham software company. Included in the unanimous eight-person jury's verdict against British company Edsaco Ltd. is $165 million in punitive damages, indicating that post-Enron juries are going to be tough on allegations of financial fraud.
April 18, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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