A Tulsa, Okla., jury has awarded an insurance company and its CEO $4.3 million in a defamation case.
The Oklahoman reports former state legislator and former First Trinity director Wayne Pettigrew left First Trinity Financial Corp. in 2013 and issued a news release calling for investigation of the company and its CEO related to stock purchases.
Last week a jury found Pettigrew defamed the company and its CEO, Gregg Zahn. The jury also found Pettigrew breached his fiduciary duties to the company.
First Trinity was awarded $800,000, and Zahn was awarded $3.5 million. The jury says Pettigrew intentionally inflicted emotional distress upon Zahn.
Pettigrew says his attorneys are preparing an appeal.
Was this article valuable?
Here are more articles you may enjoy.
Taylor Farms, Taco Bell Face Multiple Lawsuits Over Cyclospora Outbreak 
Lindberg’s Right-Hand Man Sentenced to Two Years After Cooperating With Prosecutors 
Seven People Charged in $100M Workers’ Compensation Fraud Operation in Florida 
Rhine River Shipping Stalls as Water Level Hits Record Low 
