Tuesday, May 17, 2005

Waddell and Sawtelle Still Going At It

You may recall the huge punitive damage award entered in favor of broker Stephen Sawtelle - $25,000,000. Or maybe you don't remember it because Sawtelle still has not been paid on the punitive damage portion of the award, as there have been multiple appeals of the decision. Now it looks like a mediation regarding the appellate issues has failed. I wonder if he gets interest on that $25 million?

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