OAKLAND (CBS/AP) — A federal judge has overturned a $1.3 billion verdict against business software maker SAP, calling it “grossly excessive.”
The ruling Thursday is a major victory for SAP AG and an unexpected setback for Oracle Corp., which filed the case.READ MORE: UPDATE: Flood Waters Shut Down Lanes Of I-880; Alameda's Harbor Bay Parkway, Silverado Trail In Napa
Oracle’s outspoken CEO Larry Ellison had used evidence that an SAP subsidiary had stolen software and customer-support documents from password-protected Oracle websites as a platform to slam his longtime nemesis.
Judge Phyllis Hamilton in in U.S. District Court in Oakland, the site of the three-week trial, said the penalty was “contrary to the weight of the evidence” in the high-profile case.READ MORE: Atmospheric River: Santa Cruz County Officials Lift Evacuation Orders For CZU Fire Burn Zone
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