Register

    Judge tosses $128M damages in “Bones” profit dispute

    By SHOOTUpdated:No Comments1910 Views
    In this May 16, 2016 file photo, David Boreanaz and Emily Deschanel attend the FOX Networks 2016 Upfront Presentation Party in New York. A judge has overturned a $128 million punitive damages award to the stars and producers of the long-running TV show "Bones" in a dispute over profits. Judge Richard Rico's order Thursday, May 2, 2019, is a victory for the studio, 21st Century Fox. The ruling leaves in place a $50 million award for compensatory damages, interest and attorney fees. (Photo by Evan Agostini/Invision/AP, File)
    LOS ANGELES (AP) --

    A judge on Thursday overturned a $128 million punitive damages award to the stars and producers of the long-running Fox TV show "Bones" in a dispute over profits.

    Judge Richard Rico's decision is a victory for the studio, 21st Century Fox, which called it a vindication.

    The ruling leaves in place a $50 million award for compensatory damages, interest and attorney fees.

    David Boreanaz and Emily Deschanel, the stars of "Bones" from 2005 through 2017, sued Fox in 2015, saying it denied them profits by licensing the show to Fox's TV division and to Hulu for below-market rates. They were joined by executive producer Barry Josephson and author Kathy Reichs, who wrote the novels "Bones" is based on.

    Their lawyer said he will appeal Rico's ruling.

    "Today's decision in no way impacts the arbitrator's findings that our clients are owed more than $50 million for Fox's fraudulent and deceitful accounting. It deals only with the technical issue of whether our clients waived their right to receive punitive damages. As the arbitrator concluded, they did not — and we look forward to showing the Court of Appeal why it should reverse today's ruling," attorney Daniel A. Saunders said in a statement.

    An arbitrator in February ordered 21st Century Fox to pay the punitive damages, saying Fox executives engaged in "intentional fraud and malice." Fox contested the decision in court.

    REGISTRATION REQUIRED to access this page.

    Already registered? LOGIN
    Don't have an account? REGISTER

    Registration is FREE and FAST.

    The limited access duration has come to an end. (Access was allowed until: 2019-05-05)
    Tags:21st Century FoxBarry JosephsonBonesDavid BoreanazEmily Deschanel



    Berkshire Hathaway boosted stake in Google parent Alphabet

    Saturday, August 15, 2026
    Shareholders wait in line outside CHI Health Center Omaha for the Berkshire Hathaway annual meeting, May 2, 2026, in Omaha, Neb. (AP Photo/Rebecca S. Gratz, File)

    Berkshire Hathaway is increasing the size of its stake in Google's parent company and beefing up its holdings in homebuilders, according to the conglomerate's latest snapshot of its investment portfolio.

    The Omaha, Nebraska-based company also continued to pare its stake in financial companies and a number of other stocks in the April-June quarter, according to a regulatory filing filed late Friday.

    CEO Greg Abel, who took over from Warren Buffett at the start of the year, agreed in June to make a $10 billion stock investment in Alphabet, expanding on the stake that Berkshire started to build last fall.

    In the second quarter, Berkshire picked up roughly 48.1 million shares in Alphabet, bringing its total shares in the tech giant to roughly 106 million. That stake was valued at about $37.76 billion as of June 30, according to the filing. As recently as the end of December, Berkshire held only 17.8 million Alphabet shares worth $5.6 billion.

    Alphabet has said it plans to raise $80 billion to pay for the computing infrastructure needed to power its AI offerings.

    Beyond tech, Berkshire continued to boost its investments in the U.S. homebuilding sector. Its stake in homebuilder Lennar increased nearly 30% in the second quarter. Berkshire also established a small new stake in D.R. Horton that was worth $580,504 at the end of June.

    In July, Berkshire completed a $6.8 billion acquisition of homebuilder Taylor Morrison.

    Berkshire also sharply increased its shares in Delta Air Lines and Macy's in the second quarter. The stakes were worth about $5.37 billion and $173 million, respectively, as of June 30.

    Berkshire also pruned its investment portfolio in the second quarter, reducing its stake in several companies relative... Read More

    MySHOOT Profiles


    Add A Comment