Beckman Coulter sued Flextronics International and its related entities for breach of contract, fraud, and economic duress. The jury awarded $934 million in damages, $931 million of which was punitive damages.

The Flextronics defendants retained Horvitz & Levy LLP to assist in preparing post-trial motions challenging the jury’s economic duress award and arguing the punitive damages were excessive. During the hearing on the post-trial motions, the parties agreed to a $23 million settlement. Beckman’s attorney subsequently acknowledged, "‘It was pretty obvious to us that our verdict was either going to be thrown out or chopped down to a few million bucks at best.’" The settlement was widely reported in the financial press, including the Wall Street Journal and Los Angeles Times.

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