United States: Ford ordered to pay 1.7 billion dollars after the death of a couple
Teller ReportAug 22, 2022Aug 22, 2022
With evidence showing that the billion-dollar company's negligence resulted in the deaths of two individuals, this verdict is more than reasonable. There are millions of these defective trucks on the road, and this will hopefully send a message to both consumers and manufacturers.
While this is a tragic case, the $1.7B verdict is out of proportion: In the past, SCOTUS has ruled that punitive damage awards shouldn't exceed nine times the amount of compensatory damages. Ford will likely be able to recoup some of the awarded funds.