Lawsuit Damages Debate
Discussions focus on appropriate amounts for compensatory and punitive damages, settlements, fines, and lawsuit awards, including predictions of reductions, jury decisions, and comparisons to past cases.
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sounds like a 5 trillion settlement would be appropriate in this case...
I would do punitive damages, significant but not phenomenal, let's say 50k USD. To set a precedence and encourage them to make sure this kind of thing does not ever happen again.
Juries don't make good decisions about damages. This value will be down-adjusted significantly- I would expect it to be more like $50M eventually. Something that could be garnished in a finite time.
You are getting downvoted for mysterious reasons, you are of course correct, and this is why the plaintif was awarded $1.1m...
This is only compensatory damages. Punitive damages are still being considered, and are often a couple of orders of magnitude larger.
I assume that the 36 million isn't just compensatory damages, but punitive damages, and possibly treble damages + legal fees.
In which case the damages will likely be substanially lower :-)
Deserved every cent, hope they put a 30mil civil suit
The $10M fine is going directly to their victims. Maybe you can get part of it.
Damages? The potential payout is enormous.