4 ms·
Its 2x the compensatory damages. So, in this case compensatory damages were $11 million, so the punitive damages is capped at an additional $22 million leaving
by protomyth 7y ago
Its 2x the compensatory damages. So, in this case compensatory damages were $11 million, so the punitive damages is capped at an additional $22 million leaving a total verdict of $33 million. The standard appeals process can overturn or reduce damages.
- bradleyjg 7y agoBut the jury verdict is entitled to deference (or at least would be in my state, couldn't swear to Ohio law).
- jhayward 7y agoIn almost every state jury awards for damages are reduced, often drastically, down to what can be proven as material damage. Unless someone has receipts for the $11 million (I haven't read the case) it will likely be reduced. This is the benefit of the 'tort reform' theories pushed by pro-business GOP legislators over the last 40 years.