Punitive award said excessive, will face appeal

A punitive damage award of $99 million to a class of plaintiffs on Friday will soon test appellate courts on excessive verdicts. The award was nearly 20 times greater than the $5.1 million awarded in actual damages by the Jackson County jury. And Residential Funding Co., which took the brunt of the jury’s decision, plans to appeal ...

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Punitive award said excessive, will face appeal

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