ComputerLand’s founder was denied a new trial.
In a setback for William Millard, Oakland Superior Court Judge Donald McCullom refused to grant the executive a new trial or to reduce the record damages assessed against him earlier this year. As reported, Millard was ordered to hand over a 20% stake in ComputerLand and other enterprises controlled by his family and $115 million in punitive damages to Micro/Vest, an investor group. Millard had attacked the jury as “hysterical” and “runaway.” Herbert Hafif, an attorney for Micro/Vest, said that he was gratified by the judge’s decision and that he is “willing to discuss settlement” of the case. Spokesmen for ComputerLand and Millard couldn’t be reached.