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.
Liberty Wins Nearly $1B In Dispute With Vivendi Over USA Network Stake: Report
What's Hot on Deadline
More From Team
- David Muir Asks Obama If He Will Visit Cuba In ABC News Exclusive - Video
- Legendary Options Andrew Pyper's 'The Damned'
- Channing Tatum, Craig Zadan & Neil Meron Launch 'Team Oscar'
- Bryan Singer Sex Abuse Accuser Indicted For Fraud
- FilmBuff To Bow Matthew Gray Gubler & Kat Dennings Starrer 'Suburban Gothic'
- Shonda Rhimes To Receive WGA West's 2015 Paddy Chayefsky Laurel Award For TV