MultimillionDollar

Insurer Exempt from Paying Multimillion-Dollar Jury Verdict in Construction Lawsuit

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New York — A New York state appeals court recently ruled in favor of an insurance company, relieving it from covering a multi-million award stemming from a construction dispute associated with a luxury condominium project. This pivotal decision underscores the intricate distinctions often contained within commercial insurance policies regarding what liabilities are effectively covered. The lawsuit originated from project disputes where the contractor, BuildItRight Inc. (fictitious name), faced litigation brought on by the condominium developers, alleging construction deficiencies that led to substantial water damage in the newly built luxury condos. The resulting jury trial led … Read more

Jury’s Multimillion-Dollar Verdict Against White Nationalists in Charlottesville Case Partially Restored by Appeals Court

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RICHMONd, Va. — Four years following the tumultuous and violent 2017 Unite the Right rally in Charlottesville, justice has been sought through a pivotal legal battle. Recently, a federal jury determined leaders and groups associated with the white nationalist movement are liable for over $26 million in damages, acknowledging the physical and emotional harm inflicted on several individuals. This substantial judgment captured headlines mostly for its punitive damage component initially set at $24 million. However, this figure was later reduced significantly by a judge to only $350,000 shared among eight plaintiffs. In a turn of … Read more

Wells Fargo Faces Lawsuit Over Enabling Multimillion-Dollar Fraud Scheme, Questioning Financial Oversight

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SAN ANTONIO, Texas – A former San Antonio lawyer’s fraudulent scheme, which resulted in the theft of millions of dollars, allegedly received assistance from Wells Fargo in the form of turning a blind eye to the lawyer’s misuse of client trust accounts. According to a lawsuit filed in Texas federal court by the victims of the fraud, the bank not only failed to identify suspicious activities but also profited from the fraudulent transactions. This lawsuit adds to the mounting legal challenges faced by Wells Fargo, which has previously been involved in significant financial controversies. The … Read more

Bayer’s Multimillion-Dollar Roundup Verdict Significantly Reduced, But Controversy Looms

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SAN FRANCISCO, California – In a landmark decision, a California judge has dramatically reduced the verdict against Bayer regarding their Roundup weedkiller. The company was originally ordered to pay $332 million in damages to a couple who claimed that the product caused them to develop cancer. However, the judge has now slashed the verdict by over 90%. The case involved Alva and Alberta Pilliod, a couple who used Roundup for more than three decades. They alleged that their exposure to the herbicide caused them both to develop non-Hodgkin’s lymphoma. Last year, a jury sided with … Read more