Deals
IDX Capital Says it Wins $8.25 Million Over Failed Sale
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IDX Capital LLC and two former principals were awarded $8.25 million by a Manhattan jury over the actions of a former colleague that doomed a $25 million buyout of the firm by Knight Capital Group Inc. in 2006.
The inter-dealer broker and Jamie Cawley and Brady Halper was awarded damages following a December trial in New York state Supreme Court. A judge formally entered the judgment March 5.