Verdict Rendered Against Well-Known Real Estate Developer for $1,275,000 for Breaching Contract

DETROIT, Dec. 11 /PRNewswire/ -- A Federal Court jury today rendered a verdict for $1,275,000 against Kenneth Raznick, a Detroit area real estate developer. The suit was filed by Richard Greenwood against Raznick for breach of an email contract to market and sell web phones in the United States. The case, Greenwood v. Raznick, Case No. 2:05cv73553, was tried to a jury before the Honorable Arthur Tarnow.

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