Moultrie News (of Mount Pleasant South Carolina) is reporting that a trial court has awarded $21.1 million in compensatory damages and $32.4 million in punitive damages to a group of current and former paper employees of ArborGen, Inc. The plaintiffs claimed that, under an incentive program, they were entitled to $11.3 million in equity in ArborGen, but were given only $414,330 in equity.
The Post and Courier of Charleston has additional coverage.
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