During an interview with former federal prosecutor Alex Little on
Fox News Live on Sunday, Shawn said: "We've also heard there's a lot of talk about this is unprecedented amount of money. This has never happened before. But that's actually not true. This is from Letitia James, the attorney general's own court papers I'm gonna show it to you right now."
A graphic then appeared on the screen listing multiple court cases with bonds at or over $1 billion, including
Sony Music Entertainment v. Cox Communications at $1.2 billion,
Apple v. Samsung Electronics at $1 billion,
Oracle USA v. SAP AG at $1.3 billion, and
Carnegie Mellon University v. Marvell Technology Group at $1.5 billion.
"There have been bigger bonds in the history—look from one billion dollars to one and a half billion dollars," Shawn said. "Those are public companies. What is the argument that this has never been this big for a private company while there have been billion-dollar bonds secured before?"
Little responded: "Yeah, I think that it's certainly true there've been large bonds...the purpose of the bond is to secure those funds for the plaintiff here, the state of New York, at the end of the appeal to make sure they can collect.
"It says, 'Hey if you're if you're a defendant, you want to appeal, you can do that.' But we have to make sure to save the money in case the plaintiff gets to collect it," the ex-prosecutor said.