Court upholds $12 million judgment for National Oilwell Varco

A federal appeals court in Houston has upheld a more than $12 million judgment won by National Oilwell Varco, L.P., a Texas firm with major operations throughout Oklahoma.

The ruling came in a lawsuit filed by NOV against Sadeesh Sadagopan, Majed Hamdan and Khaled Zantout who were accused of fradulent schemes and conspiracy.

A lower court had awarded $12,220,102.37 in actual damages to NOV and the three defendants appealed.