Do you have a link to the court opinion on the appeal? Obviously it is pretty rare 25%? than a loss at the appellate court will be overturned, unless there are some real discrepancies by the appellate court in their opinoin.
HAWTHORNE, CA. ? February 27, 2007 ? OSI Systems, Inc. (NASDAQ: OSIS), a vertically-integrated provider of specialized electronic products for critical applications in the Security and Healthcare industries, today announced that U.S. District Judge Paul A. Crotty has upheld a jury?s verdict awarding approximately $125 million to OSI in its dispute with L-3 Communications, Inc. The judge noted in his Memorandum Opinion that evidence supporting the jury?s findings is ?overwhelming?.
On May 25, 2006 the Company announced that a jury had found in OSI?s favor in its dispute with L-3 arising from the sale of the Perkin Elmer Security Detection Systems business in 2002. The jury awarded OSI $33 million in compensatory damages and $92 million in punitive damages.