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The Georgia Supreme Court refused last week to hear Time Warner Entertainment's appeal of a $257 million punitive damages award it must pay to former investors of Six Flags Over Georgia. The award was part of the largest civil jury verdict in Georgia history -- $454 million -- that grew out of investors' claims that Time Warner systematically short-changed the theme park on capital investment, thereby lowering its sale value.
September 23, 2002 at 12:00 AM
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The original version of this story was published on Law.Com
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