A Los Angeles jury reached a verdict: BART cop Johannes Mehserle is guilty of involuntary manslaughter. He was convicted of killing Oscar Grant on New Year's Day 2009.

Involuntary manslaughter comes with a 2 - 4 year prison sentence.

Update 4:20: Sentencing will be handed down on August 6.

Outside the LA County Courthouse, a member of the LA Coalition for Justice is giving an angry speech. Among other things, he is calling the verdict a cover up.

Update 4:35: Attorney for Oscar Grant's family says the family is "extremely disappointed" in the "compromised verdict."

Update 4:50: Frank Chu is in Oakland, live at the scene.