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Ecoark Awarded $115 Million in Lawsuit Against Walmart


Press release content from Globe Newswire. The AP news staff was not involved in its creation.
Ecoark Awarded $115 Million in Lawsuit Against Walmart
Ecoark Holdings, Inc.April 12, 2021 GMT
Walmart found liable on three claims in lawsuit filed by Zest Labs Inc.
Jury unanimously awards Ecoark Holdings, Inc. $115 million in damages
SAN ANTONIO, April 12, 2021 (GLOBE NEWSWIRE) Ecoark Holdings, Inc. (“Ecoark” or the “Company”) (OTC: ZEST) announces that on Friday, April 9, 2021, a Little Rock, Arkansas jury awarded Ecoark and its wholly owned subsidiary, Zest Labs Inc. (“Zest”) a total of $115 million in damages in a lawsuit against Bentonville-based Walmart Inc. (“Walmart”) (NYSE: WMT), the world’s largest company as measured by annual revenue1. ....

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