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Friday, September 2, 2011
Judge Throws Out Oracle's $1.3 Bil Award Vs. SAP
A federal judge on Thursday overturned the $1.3 billion copyright verdict Oracle (ORCL) won in November against SAP (SAP), saying it was "grossly excessive." The maximum damages that were actually proved total $272 million, said U.S. District Judge Phyllis Hamilton in Oakland, Calif. If Oracle doesn't take that amount, the companies must go to trial again. Shares of database and server giant Oracle were down nearly 1% as of 3:10 p.m. ET, and
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