A jury box. (Credit: Ryland West/ALM) Nuclear Verdicts Poised to Rise But Some Governors Fight Back
The 89 lawsuits against a corporate defendant in 2023 that resulted in a nuclear verdict of at least $10 million is the largest number of such cases in a single year since 2009.
May 02, 2024 at 01:11 PM
4 minute read
Verdicts-Settlements
What You Need to Know
- Fifteen-year high in verdicts is expected to rise further in 2024.
- At the same time, actions by the Florida governor have sharply decreased the number of nuclear verdicts.
- It remains to be seen if additional states will follow the Florida governor's actions.
An independent communications and research firm released a report that shows nuclear verdicts—judgments over $10 million—against corporate defendants have increased by nearly 30% in the last year, and that state governors have had an outsized role in the results.
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