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Foothill Thrift Verdict: A Superior Court jury...

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From Times Staff and Wire Service Reports

Foothill Thrift Verdict: A Superior Court jury awarded $564,000 to a defunct video surveillance firm that had alleged that Foothill Thrift & Loan in Los Angeles improperly cut off its line of credit and liquidated the firm when it was losing money in 1985. Foothill had extended a line of credit of about $8 million to Videoscope Inc., which sold its equipment to such customers as convenience stores, banks and hotels. Plaintiffs in the case had originally sought $11.5 million from Foothill.

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