Seeking Alpha
Seeking Alpha Portfolio App for iPad
Finance
(1)
Market Currents

Best Buy (BBY +3.4%) will have to pay $27M after losing a jury trial in California over...

  • Monday, December 10, 2012, 3:07 PM ET
    Best Buy (BBY +3.4%) will have to pay $27M after losing a jury trial in California over accusations it misused trade secrets in relation to pricing for its guaranteed buyback program. In a nutshell, a program derived at making sure the company could derive from some profits by cleverly insuring future sales is seeming to blow up in its face.
Track new comments on this story

This news story has 3 comments:

  • "a program derived at making sure the company could derive from some profits"

    Anyboby proof read this?
    10 Dec 2012, 03:09 PM Reply Like
  • Probably one of the intellectual jurors.
    10 Dec 2012, 07:32 PM Reply Like
  • How come there's a "secret" jury trial in California without anything being heard of the charges or allegations prior to alleged trial? Sounds suspicious to me. Anyone care to comment?
    11 Dec 2012, 06:11 AM Reply Like
Other date
DJIA (DIA) S&P 500 (SPY)