C. H. Robinson received an advisory jury verdict ordering $604 million in compensatory damages in a Texas trucking lawsuit and plans to appeal if the verdict is entered as final.
Key Highlights:
- Jury in Dallas County issued an advisory verdict awarding $604 million in compensatory damages that could be assessed against C. H. Robinson.
- The advisory verdict is subject to post-trial proceedings before a final judgment is entered by the court.
- C. H. Robinson disagrees with the jury’s advisory verdict and expects to appeal if the verdict is entered as final.
- Company warned forward-looking statements about timing, appeals, potential additional costs, and possible impacts on financial condition.
Original SEC Filing:
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