A Baltimore court has ordered
Paul Desmond, president of Lowrys, told Reuters he was very pleased with the jury award, which represented $800,000 in lost subscription fees and $19 million in copyright damages. A Legg Mason spokeswoman called the award shocking and "grossly excessive," but declined to say whether or not the firm will appeal. However, the company did say it expects to take a $17.5 million pre-tax charge for its fiscal second quarter ended Sept. 30.
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