Tuesday, October 24, 2023 9:03:36 PM
In sum, the Court will award simple interest on the damage award of $299.4 million,
accruing from the date August 17, 2012 until the date on which judgment is entered at a fixed
rate of 5% over the Federal Reserve discount rate as of August 17, 2012. The Court will order the
parties to submit final damages calculations in accordance with this Opinion.
CONCLUSION
For the foregoing reasons, the Court will GRANT in part and DENY in part Defendants’
motion for denial of prejudgment interest, and it will GRANT in part and DENY in part Plaintiffs’
cross-motion for entry of judgment with prejudgment interest
FEATURED CBD Life Sciences, Inc. (CBDL) Reaches Unprecedented Heights With Explosive Growth and Strategic Expansion in 2024 • Oct 8, 2024 8:00 AM
BNCM COMPLETES MERGER WITH DELEX HEALTHCARE • BNCM • Oct 8, 2024 9:54 AM
Unitronix Corp. to Invest $3 Million in USA Unity Coin Project • UTRX • Oct 7, 2024 7:08 AM
North Bay Resources Announces Assays up to 5 oz/ton Gold, 1.5 oz/ton Platinum, 0.5 oz/ton Palladium, and 0.5 oz/ton Rhodium at Mt. Vernon Gold Mine, Sierra County, California • NBRI • Oct 4, 2024 9:15 AM
Basanite, Inc. Appoints Ali Manav as Interim Chief Executive Officer • BASA • Oct 3, 2024 9:15 AM
Integrated Ventures Announces Launch of MedWell Facilities, LLC and Lease Agreement with Giant Fitness Clubs • INTV • Oct 3, 2024 8:45 AM