Wednesday, January 23, 2013

(BN) Largest U.S. Jury Verdicts of 2012

(Bloomberg ) The following were the largest U.S. jury verdicts of 2012, as compiled by Bloomberg News.

Rank Amount Case

1. $1,170,000,000 Carnegie Mellon University v.

Marvell Technology Group Ltd. (MRVL),

09-cv-290 (W.D. PA, Dec. 26, 2012)

A federal jury in Pittsburgh

awarded $1.17 billion to Carnegie

Mellon University in its

lawsuit against Marvell Technology

Group Inc. claiming infringement

on integrated-circuit patents.

2. $1,050,000,000 Apple v. Samsung, 11-cv-01846 (N.D.

CA, Aug. 24, 2012)

A federal jury in San Jose,

California, awarded Apple Inc. (AAPL)

$1.05 billion in its patent

infringement claim against Samsung

Electronics Co., finding

infringement on six of seven

patents related to

smartphone technology.

3. $1,000,000,000 Monsanto Co. v. E.I. du Pont de

Nemours & Co., 09-cv-686

(E.D. MO, Aug. 1, 2012)

A federal jury in St. Louis ordered

DuPont Co. to pay $1 billion to

Monsanto Co., in a patent

infringement lawsuit claiming

DuPont used Monsanto

technology in seeds to grow

herbicide-tolerant soybeans.

4. $956,000,000 Liberty Media Corp. v. Vivendi

Universal SA, 03-cv-02175

(S.D. NY, June 25, 2012)

A federal court jury in New York

City ordered Vivendi SA to pay 765

million Euros, the equivalent of

$956 million at the time of the

verdict, in a lawsuit claiming

Vivendi misrepresented the value of

shares used to purchase in 2001

Liberty Media Corp.'s stake in

USA Networks Inc.

5. $900,000,000 Webb v. Trans Healthcare Inc., 05-

CA-2418 (Cir. Ct., Alachua Co. FL,

Feb. 8, 2012)

A Florida jury awarded $900

million, including

$700 million in punitive damages,

to a nursing home resident,

who claimed he suffered multiple

injuries, including massive

bedsores and multiple infections,

during care at a facility operated

by Trans Health Management.

6. $716,500,000 Garcia v. Best for Less Food Mart,

09-CA-031023 (Cir. Ct.,

Hillsborough Co., FL, May 10, 2012)

A Tampa, Florida, jury awarded

$716.5 million to the estate and

parents of a 32-year-old man who

was killed when a drunken driver

smashed into his car.

7. $368,200,000 VirnetX v. Cisco Systems Inc. (CSCO), 10-

cv-417 (E.D. TX, Nov. 6, 2012)

A federal court in Tyler, Texas,

ordered Apple Inc. to pay $368.2

million to VirnetX Inc., in a

lawsuit claiming infringement on

VirnetX's patents for

virtual-private-network technology.

8. $261,000,000 In re TFT-LCD (Flat Panel)

Antitrust Litigation,

07-md-1827 (N.D. CA, July 3, 2012)

A federal jury in San Francisco

awarded $87 million in an

antitrust action against Toshiba

Corp., alleging the company

conspired with competitors to fix

the price of display screens.

Under U.S. antitrust law, the

award is trebled to $261 million.


9. $200,000,000 Nunziata v. Trans Health

Management, 05-8540CI

(Cir. Ct., Pinellas Co. FL,

Jan. 11, 2012)

A Florida jury awarded $200

million, including

$140 million in punitives, to the

estate of a woman who died after a

fall at a nursing home operated

by Trans Health Management.

10. $195,000,000 State of Texas v. TaxMasters Inc. (TAXSQ),

D-1-GV-10-000486 (Dist. Ct,

Travis Co. TX, March 30, 2012)

A Texas jury ordered TaxMasters

Inc. and founder Patrick Cox

to pay more than $195 million in a

lawsuit brought by the state of

Texas claiming fraud and deceptive

trade practices.

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