Chevron’s Slick Legal Trick, Cisco Stresses Partnerships, and 3 More Hot Stocks
Chevron Corp. (NYSE:CVX): Chevron is exploring the possibility of a “surprising and savvy” legal maneuver in its RICO suit against Steve Donziger, the environmental lawyer behind the $19 billion judgment that was issued by an Ecuadorian court in 2011. Chevron may drop damage claims against him, potentially worth $100 million, Seeking Alpha reports. This action would effectively convert the case into a bench trial before a judge, rather than a jury. This would give Donziger no opportunity to play to the jurors.