Federal jury finds Emirates NBD not liable in $540M fraud suit by Orange County tech firm

Federal jury finds Emirates NBD not liable in $540M fraud suit by Orange County tech firm The passage provides concrete details-names, amounts, dates, and a link to a former White House counsel-but the core allegation was dismissed by a jury, limiting immediate investigative value. Still, it hints at sizable financial flows, sovereign wealth fund involvement, and high‑profile legal representation that could merit follow‑up on the underlying partnership and any undisclosed settlements. Key insights: InfoSpan sued Emirates NBD for $540 million alleging theft of mobile‑payment technology.; Emirates NBD is controlled by the UAE sovereign wealth fund.; Entrepreneur Farooq Bajwa invested $87 million in the venture.