LOS ANGELES -- A jury awarded a record-shattering $28 billion in punitive damages Friday to a 64-year-old former smoker who sued Philip Morris Inc. for fraud and negligence. Analysts said the verdict ...
LOS ANGELES - A judge Wednesday slashed a record-breaking $28 billion award to a former smoker to $28 million, saying the jury's decision on punitive damages was excessive. Superior Court Judge Warren ...