Swisher anti-trust award reversed

| November 28, 2016

A US federal judge has reversed a $44.4 million verdict against Swisher International, but the case will continue to an appellate court, according to a story by Roger Bull for the Florida Times-Union.

In April, a California jury found Swisher liable for breach of contract and violation of federal antitrust laws concerning its dealings with Trendsettah, a small cigar company.

It awarded Trendsettah $14.8 million, which was tripled in line with federal antitrust laws.

Earlier this month, Judge James V. Selna of the US District Court for the Central District of California overturned that award, though a breach of contract judgment for about $9 million is still in place.

The case now continues onto the Ninth Circuit Court of Appeals.

The story is at: http://jacksonville.com/business/2016-11-21/jacksonville-cigar-maker-swisher-international-wins-reversal-444-million-verdict

Category: Breaking News

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