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

|About: Best Buy Co. (BBY)|By:, SA News Editor

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.