Calculations

Unpacking the Numbers: The Inside Scoop on Payout Calculations in Mass Tort Settlements

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In Charleston, West Virginia, the process of determining payouts in mass tort settlements is often complex and multifaceted. These settlements arise from lawsuits where numerous individuals come forward with similar claims, usually related to negligence or wrongdoing by corporations or entities. Understanding the mechanics behind how these financial distributions are calculated is crucial for those involved. Typically, the settlement amounts are derived from several factors, including the severity of injuries, the number of claimants, and the overall financial settlement pool. Each case is evaluated on its distinct merits, with considerations such as medical expenses, lost … Read more

Judge Overturns $4.7 Billion Verdict Against NFL, Cites Flawed Damage Calculations in Sunday Ticket Case

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Los Angeles — A significant legal verdict against the National Football League, which initially ordered them to pay $4.7 billion over their Sunday Ticket game-broadcast package pricing, was overturned by a federal judge. The judge ruled that a Los Angeles jury improperly calculated the damages, dealing a blow to claims of the league’s anticompetitive conduct regarding its telecasting agreement. In the judgment issued by U.S. District Judge Philip S. Gutierrez, he highlighted that while the evidence presented could suggest anticompetitive behavior by the NFL, the jury’s conclusion that subscribers had been overcharged did not align … Read more