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What’s important about this, is that Jones is being sued in other jurisdictions that don’t have maximum punitive limits. So it sets an important precedent for
by seventytwo 4y ago
What’s important about this, is that Jones is being sued in other jurisdictions that don’t have maximum punitive limits.
So it sets an important precedent for Jones (and others), that doing this kind of thing can cost you up to $50 million.
Even though Jones won’t actually have to pay that amount, an important example has been made of him.
- scarab92 4y agoJuries awarding excessive punitive damages was enough of a problem that many states capped it. Seems more likely to me that, in the long run, this will also occur in the remaining states.