A Couple of Interesting Points From the US Chamber's Latest Research on 'Nuclear' Verdicts
Oriana Senatore, senior vice president of research and strategic development at the U.S. Chamber Institute for Legal Reform, spoke about the newly released report during a webcast sponsored by Tyson & Mendes.
June 06, 2024 at 07:30 AM
3 minute read
The U.S. Chamber Institute for Legal Reform late last month released a new report on so-called "nuclear" verdicts—those with damages awards of more than $10 million. The report pulled together data from 1,288 verdicts from Jan. 1, 2013, and Dec. 31, 2022, in wrongful death and personal injury cases.
The overall trend lines are pretty much what regular readers of the Litigation Daily would expect. Aside from a dip during the early days of the pandemic, the Chamber sees a rise in both the number and size of these verdicts. The median nuclear verdict in product liability cases, in particular, hit a new high of $36 million in 2022—a 50% rise from the first year in the study. The study found 2022 also set a new record for the number of "mega" nuclear verdicts—those with more than $100 million—with more than 20. Although the 2023 numbers have yet to be finalized, the report indicates that the record for "mega" verdicts appears to have broken again last year.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllLitigators of the Week: A Knockout Blow to Latest FCC Net Neutrality Rules After ‘Loper Bright’
Litigators of the Week: After a 74-Day Trial, Shook Fends Off Claims From Artist’s Heirs Against UMB Bank
Trending Stories
- 1California Lawmakers Reach $50M Deal to Fund Legal Fights Against Trump
- 2Supreme Court Wrestles With Disabled Ex-Firefighter's Discrimination Case
- 3NJ Firm Narrowly Avoids Case Dismissal Over Lengthy Complaint Filed in Fed Court
- 4Arbitrators Under Fire for Allegedly Forcing Workers to 'Stay or Pay' Employers
- 5Plaintiff Narrowly Avoids Dismissal Over Lengthy Complaint Filed in Federal Court
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250