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Verdicts

Nov. 16, 2007

Mall Builder Wins $89 Million in Battle Over Rival's Tactics

LOS ANGELES - Commercial developer Rick Caruso has won a combined $89 million verdict after jurors found a rival mall owner in Glendale used illegal tactics to delay the opening of a Caruso mall across the street.

By Peter B. Matuszak
Daily Journal Staff Writer

      LOS ANGELES - Commercial developer Rick Caruso has won a combined $89 million verdict after jurors found a rival mall owner in Glendale used illegal tactics to delay the opening of a Caruso mall across the street.
      General Growth Properties, owners of Glendale Galleria, resorted to fraud, malice and oppression in blocking Caruso's plan...

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