Occupy Oakland Business Fraud Verdict: Oakland Jury Awards $9 Million Against Multi-National Corporation For Business Fraud And Breach Of Contract. On February 9, 2012, Judgment Entered To Bring Award In Excess Of $11 Million.

As the Occupy Oakland General Strike was raging outside the courthouse doors, local business owner Peter Allen was waiting for a jury to tell a large corporation that Oakland would not tolerate lies and greed in business dealings. Mr. Allen had been fighting a lawsuit against Texas-based corporation, Healthtronics, Inc., for three years. Closing arguments were given on Wednesday, November 2, 2011, the same day as the Occupy Oakland General Strike. On Friday, November 4, 2011, the jury returned a verdict in Mr. Allens favor for over $9.3 million finding that Healthtronics had breached the contract and made intentional misrepresentations to Peter Allen. Since the November trial, a judgment was entered on February 9, 2012, in Alameda Superior Court awarding plaintiffs’ attorneys fees in the amount of $1.75 million, costs in an amount to be determined and interest on the entire judgment in the amount of 10 percent per annum from the date of the November verdict.