Borsellino wins $11M in suit vs. former NYSE Prez Putnam

Crain's Chicago Business reports:

A Chicago jury has sided with a former giant on the Chicago Mercantile Exchange trading floor who sued former New York Stock Exchange President Gerald Putnam in a dispute.

The jury has awarded Lewis Borsellino $11 million.

Mr. Borsellino sued Mr. Putnam in 2000, alleging he was cheated out of a stake in a company that Mr. Putnam eventually built into Archipelago Holdings Inc., which later merged with the NYSE in a deal that netted Mr. Putnam tens of millions of dollars.