$23.6 Billion in Punitive Damages

A Florida jury recently awarded $23.6 billion in punitive damages against R.J. Reynolds Tobacco Company for causing the smoking-related death of a longtime smoker. The jury also awarded $16.8 million in compensatory damages. Because the punitive damage award is so disproportionate to the award of compensatory damages, it’s almost a certainty that the trial court[…]