DaimlerChrysler Hit With $50M Punitive Verdict

In a move that could bring relief to the plaintiffs bar, a Los Angeles jury last week hit DaimlerChrysler with a $50 million punitive damages verdict. The verdict, which followed an earlier $5.2 million compensatory verdict, came despite a recent Supreme Court ruling that seemed to put yet another hurdle in the way of large punitive damage awards. Assuming the DaimlerChrysler verdict stands on appeal, it would be a boon for plaintiffs counsel Lieff Cabraser, which has had a rough time of it recently.

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