2 Major Punitive Damages Awards Announced in Bankhead case
On January 6, 2011 an Alameda County jury returned a $13.5 million dollar second phase verdict assessing punitive damages against Phuemo Abex LLC (9 million dollars) and Arvin Meritor/Rockwell (4.5 million dollars). In the first phase of the trial, completed on December 22, the jury awarded 3.9 million dollars in compensatory damages, and found that the defendants, Pneumo Abex, Arvin Meritor, and co-defendant Carlisle Corporation (which resolved before Phase 2), acted with malice, fraud and oppression, warranting the second phase determination.
Read more about the Bankhead Verdict.