A jury had found that the plaintiffs had not suffered compensable damages, but went ahead and awarded $33.8 million in punitives against ChevronTexaco for the actions of a fired salesperson (Jul. 3). The Miami trial judge threw out the award November 12. (Laurie Cunningham, “$33.8M Jury Verdict Against ChevronTexaco Thrown Out”, Miami Daily Business Review, Dec. 1).
Update: Texaco $33.8 M punitive damages award tossed
A jury had found that the plaintiffs had not suffered compensable damages, but went ahead and awarded $33.8 million in punitives against ChevronTexaco for the actions of a fired salesperson (Jul. 3). The Miami trial judge threw out the award November 12. (Laurie Cunningham, “$33.8M Jury Verdict Against ChevronTexaco Thrown Out”, Miami Daily Business Review, […]
Comments are closed.