Credit: lenetsnikolai/Adobe Stock Pennsylvania Judge Vacates $25M Damages Award to Plaintiffs Due to Erroneous Expert Report
Molder had concluded that the lost profits over the term of the contract totaled to an approximate of $24.5 million. However, the court determined there were "significant flaws" in his opinion, which were exposed on cross examination.
July 28, 2023 at 01:08 PM
6 minute read
A federal judge in Pennsylvania vacated a $25 million compensatory damages award in favor of the plaintiffs in a contract dispute, finding that an expert's calculations weren't reasonably based in the trial record.
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