Verdict reached in Costner lawsuit - KNOE 8 News; KNOE-TV; KNOE.com |

Verdict reached in Costner lawsuit

Posted: Updated: June 14, 2012 09:36 PM

NEW ORLEANS, La. (KNOE 8 News) - A federal jury has sided with actor Kevin Costner and his business partner, in a lawsuit by fellow actor Stephen Baldwin.

Baldwin claimed that he and a friend are out of millions of dollars from a BP contract for using oil cleanup devices in the aftermath of the 2010 Gulf of Mexico spill.

The jury deliberated less than two hours Thursday before delivering the verdict against the lawsuit brought by Baldwin and his friend, Spyridon Contogouris. They were asking for more than $17 million in damages. The jury gave them nothing.

Contogouris and Baldwin sold their shares in Ocean Therapy Solutions for $1.4 million and $500,000, respectively. Baldwin says he would have held out for much more if he had known BP
had committed to ordering 32 centrifuges.

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