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A tiny business whose founders invented an emergency escape ladder has settled its copyright violation case against a billion-dollar fire safety company for $17.4 million -- the amount the small company, X-IT Products, was to receive after a federal judge in Virginia reduced the $116 million jury verdict -- one of the largest civil awards in the state's history.
October 22, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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