TOO HIGH: A federal judge in Oakland, Calif., has thrown out a $1.3 billion jury verdict for Oracle Corp. against German business software maker SAP AG, saying it’s too high.
THE DISPUTE: SAP admitted that a now-shuttered subsidiary had stolen software and customer-support documents from password-protected Oracle websites. SAP disputes how much damage that actually caused Oracle.
WHAT NOW: The judge lowered the award to $272 million. Oracle can challenge that, in which case there would be a new trial.