Law360, New York (November 03, 2009) -- A federal jury has ruled that Former New York Stock Exchange President Gerald Putnam and two others defrauded a former business partner out of millions of dollars related to the development of electronic stock exchange Archipelago Holdings LLC.
The jury awarded Lewis Borsellino $11 million in damages in the Circuit Court of Cook County, Illinois, on Tuesday, in a suit against Putnam, Marrgwen Townsend and Stuart Townsend, according...


