Jury Rules Against Stephen Baldwin In Lawsuit Against Kevin Costner
Actor Stephen Baldwin and another plaintiff are walking away empty handed in the federal lawsuit settled Thursday in a New Orleans court. They claimed actor Kevin Costner duped them into selling their shares in Costner’s oil spill cleanup service before the company made millions later selling its devices to BP.
Baldwin sold his shares in the company that marketed the devices to BP for $500,000. He said he would have held out for much more if he had known BP had agreed to make an $18 million deposit on a $52 million order for 32 of the machines.
The jury deliberated for less than two hours. Baldwin’s attorney sought more than $17 million in damages for his client.
“My name means more to me than money and that’s why we didn’t settle,” Costner said.