HOUSE_OVERSIGHT_026005.txt

A federal jury decided that one of the Middle East's most prominent banks did not commit fraud and steal technology from an Irvine firm. The Dubai-based bank argued it cancelled a partnership because the Orange County company couldn't produce a working product and misled it into thinking it was an established company, not one with little to no track record. The jury unanimously decided that InfoSpan did not prove its case of fraud and theft of trade secrets. High-profile attorneys on both sides argued in this two-week trial that involved dueling accusations of fraud levied by high-profile attorneys.