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The punitive damage awards will be reduced to no more than about 10X the compensatory damage awards, so the math shouldn't be done using the actual verdict size
by staticautomatic 7y ago
The punitive damage awards will be reduced to no more than about 10X the compensatory damage awards, so the math shouldn't be done using the actual verdict size.
- writimov 7y agoI thought I took that into account: the compensatory damages were $55mil. One thousand lawsuits lost (assuming 90% victory rate and 10k original lawsuits) times $55mil ea is $55billion in losses. With their current debt and income, they seem to be out of business.