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Nortel Wins $10M Judgement
By Mark Evans | September 7, 2007
Nothing like winning a court settlement to set the stage for a late-summer weekend. Nortel has won a $10-million judgement against SMC Electronics and Allied Solution Technical Centre, which allegedly re-sold Nortel equipment through a warranty-fraud scheme.
A judgment issued in late August by U.S. District Court for the Western District of Oklahoma ruled the two companies have to pay Nortel $10 million for damages, lawyers’ fees and costs.
Topics: Legal Issues |