WASHINGTON AP - The Supreme Court threw out a $79.5 million punitive damages award to a smoker's widow Tuesday, a boon to businesses seeking stricter limits on big-dollar jury verdicts.The 5-4 ruling was a victory for Altria Group Inc.'s Philip Morris USA, which contested an Oregon Supreme Court decision upholding the verdict.
February 20, 2007 at 12:00 AM
1 minute read
WASHINGTON AP – The Supreme Court threw out a $79.5 million punitive damages award to a smoker’s widow Tuesday, a boon to businesses seeking stricter limits on big-dollar jury verdicts.
The 5-4 ruling was a victory for Altria Group Inc.’s Philip Morris USA, which contested an Oregon Supreme Court decision upholding the verdict.
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