JUDGE RECALCULATES JURY AWARD, CUTS $1.8M FROM DAMAGES Halifax Fund v. MRV Communications | Secondary Sources | Westlaw

JUDGE RECALCULATES JURY AWARD, CUTS $1.8M FROM DAMAGES Halifax Fund v. MRV Communications | Secondary Sources | Westlaw

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JUDGE RECALCULATES JURY AWARD, CUTS $1.8M FROM DAMAGES Halifax Fund v. MRV Communications

8 No. 1 ANDERLR 5Andrews Derivatives Litigation Reporter (Approx. 4 pages)

JUDGE RECALCULATES JURY AWARD, CUTS $1.8M FROM DAMAGES Halifax Fund v. MRV Communications

8 No. 1 ANDERLR 5Andrews Derivatives Litigation Reporter (Approx. 4 pages)

8 No. 1 Andrews Derivatives Litig. Rep. 5
Andrews Derivatives Litigation Reporter
January 14, 2002
Short Selling:
Copyright (c) 2002 Andrews Publications

JUDGE RECALCULATES JURY AWARD, CUTS $1.8M FROM DAMAGES

Halifax Fund v. MRV Communications

A federal judge in Manhattan has used a Second Circuit method for calculating damages in securities cases to reduce a $3.6 million jury award in a short selling and warrants dispute by half, resulting in a lesser payment of nearly $1.8 million to...
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