Wal Street Journal

A federal judge in Houston threw out a $22.7-million libel ruling against Dow Jones & Co., saying that the plaintiff, a now-defunct Houston investment firm, withheld important evidence in the case. U.S. District Judge Ewing Werlein ordered a new trial, finding that MMAR Group Inc. won its favorable verdict in 1997 "through its own misconduct and misrepresentations," preventing the publisher of the Wall Street Journal from presenting a full and fair defense.

A federal judge in Houston threw out a $22.7-million libel ruling against Dow Jones & Co., saying that the plaintiff, a now-defunct Houston investment firm, withheld important evidence in the case. U.S. District Judge Ewing Werlein ordered a new trial, finding that MMAR Group Inc. won its favorable verdict in 1997 "through its own misconduct and misrepresentations," preventing the publisher of the Wall Street Journal from presenting a full and fair defense.