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by some_random
52 days ago
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I can only speak for myself, but punitive damages of 1-2 million per complainant (22 I think) seems entirely reasonable and in line with previous rulings? But let me also flip the on it's head, if 1.4 billion dollars is an appropriate punishment to you then is there any amount of money that would be too much? |
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I think it needs to be large enough to be a real deterrent. So it needs to be large enough that there is a real risk of turning substantial profit into substantial loss. "What if we get sued for $existentiallyLargeAmount?" needs to be part of the business math when deciding whether to tell lies for profit.
"More money than exists in the world" would clearly be too much. But I'm absolutely fine with a company and its chief officers being left penniless for such behavior. So I'm definitely fine with taking everything the company has, taking everything the chief officers have, and possibly adding a bit of debt on top of that.