3 ms·
https://en.m.wikipedia.org/wiki/Punitive_damages https://en.m.wikipedia.org/wiki/Punitive_damages Basically, the amount is intended to set an example and preve
by carlivar 5y ago
https://en.m.wikipedia.org/wiki/Punitive_damages https://en.m.wikipedia.org/wiki/Punitive_damages
Basically, the amount is intended to set an example and prevent re-occurence.
- chance_bear 5y agoThere’s also a significant problem with a verdict creep, where juries set progressively higher punitive damages to set an example. For example, damages for trucking accidents have grown substantially over the last decade. https://www.cnbc.com/2021/03/24/rise-in-nuclear-verdicts-in-lawsuits-threatens-trucking-industry.html https://www.cnbc.com/2021/03/24/rise-in-nuclear-verdicts-in-...