Smoking Case Damages Reduced

http://www.futureofcapitalism.com/2010/02/smoking-case-damages-reduced

When we first wrote, back in November, about the $300 million verdict that a Florida jury awarded to a 61-year-old ex-smoker who sued Philip Morris USA, we said, "Damages will probably be reduced on appeal." Sure enough, a judge has reportedly reduced the award to $39 million, calling the original jury verdict "grossly excessive." If you think the smoking verdicts are high, wait till they start going after plastics.

by Editor  |  Feb 25, 2010 at 12:24 pm Related Topics:  Health Care receive the latest by email: subscribe to the free futureofcapitalism.com mailing list