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Larry Hagman wins CitiGroup payday

10/7/2010

The Washington Post

Larry Hagman, who those of us born before 1975 may remember as the diabolical J.R. Ewing from TV’s “Dallas,” today won a massive payday from Citigroup Inc. In 2009, Hagman accused the company of “a breach of fiduciary duty and breach of contract, fraud by misrepresentation and omission, failure to supervise and violation of federal and state law.” A federal panel agreed and awarded the actor “$10 million in punitive damages that Citi must pay to charities selected by Hagman, $1.1 million in compensatory damages and nearly $440,000 in legal fees,” according to Reuters.


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