A judge has added $130 million to the $1.45 billion verdict that a jury awarded to financier Ron Perelman in his fraud lawsuit against Morgan Stanley. Circuit Court Judge Elizabeth Maass took off about $84.5 million from the verdict because of related settlements that Perelman had previously received. But she added more than $208 million in interest to increase the verdict by nearly 10 percent to $1.58 billion, according to a written ruling issued Thursday.
June 27, 2005 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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