Wisconsin Can't Decide On Corporate 'Looting' Case

MADISON, Wis. (AP) -- The Wisconsin Supreme Court is deadlocked on whether the former owners of a manufacturing firm must pay millions in damages for enriching themselves while the company couldn't pay its bills.

The court divided 3-3 on whether to uphold a jury's decision ordering Daniel Virnich and Jack Moores to pay $6.5 million for their excessive compensation at a Lancaster firm that makes stereo speaker parts.

Justice Patience Roggensack didn't participate in the case, which had been closely followed by corporate executives, banks and labor unions.

The court's ruling sends the case back to an appeals court for review.

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