Foothill Thrift Verdict: A Superior Court jury...
- Share via
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.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
