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&lt;p&gt;&lt;img style=&quot;float: left;&quot; src=&quot;http://www.reuters.com/resources/r/?m=02&amp;amp;d=20101007&amp;amp;t=2&amp;amp;i=220768494&amp;amp;w=460&amp;amp;fh=&amp;amp;fw=&amp;amp;ll=&amp;amp;pl=&amp;amp;r=2010-10-07T212509Z_01_BTRE6961NFX00_RTROPTP_0_MONACO&quot; alt=&quot;&quot; hspace=&quot;10&quot; vspace=&quot;10&quot; width=&quot;245&quot; height=&quot;166&quot;&gt;In a reverse of last week&#39;s Will Ferrell/JPMorgan securities judgment, a Finra arbitration panel has ordered Citigroup to pay actor Larry Hagman $11.6 million in damages resulting from charges of &quot;fraud and breach of fiduciary duty.&quot;  Hagman, 79, is best known for his role as Texas oil tycoon J.R. Ewing on the hit 1980s television series &lt;em&gt;Dallas&lt;/em&gt;.  The actor filed the suit jointly with wife Maj, 82, after the pair saw losses on &quot;almost all their life savings,&quot; managed by the banking giant. &lt;em&gt;The New York Times&lt;/em&gt; reports that, according to Finra, the award is the largest of its kind this year and the ninth-largest to date.&lt;/p&gt;&lt;p&gt;Citigroup has since vowed to fight the verdict.  The &lt;em&gt;Times&lt;/em&gt; reports that lawyers from Munger, Tolles &amp;amp; Olsen&#39;s Los Angeles office have filed a motion on behalf of the bank, citing an undisclosed conflict of interest that would have exposed the Finra panel&#39;s chairman as biased.  A Los Angeles Superior Court date is scheduled to address the motion, the likes of which are rarely successful, on December 17.&lt;/p&gt;&lt;p&gt;The panel&#39;s judgment actually awards just $1.1 million in compensation directly to Hagman; the remaining $10 million-plus, deemed a punitive measure, will be donated by Citigroup to charities of the actor&#39;s choosing.  For a list of likely beneficiaries of the famed liberal&#39;s hard-earned windfall, check out the &#39;Activism&#39; section of Larry Hagman&#39;s hilariously low-budge website.&lt;/p&gt;&lt;p style=&quot;text-align: right;&quot;&gt;- Sam Reynolds&lt;/p&gt;

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