2006 Boomer Verdicts Redux

In my post last week on big verdicts, I was remiss in not commenting on one in particular:  the $6,000 compensatory / $47,400,000 punitive award in Nortel Networks v. Platinum Networks in United States District Court in San Diego. $47.4M / $6K  is a 7900 to 1 ratio, which seems to be just a bit beyond the due process parameters of State Farm Insurance v. Campbell. 

David Sugden at Call, Jensen and Ferrell tried the case for Nortel.  Call Jensen's press release on the verdict indicates the trial court was to consider throwing out the punitive damage award on July 14, but the case apparently went away in a confidential settlement.  Educated guess:  the settlement amount was closer to $6,000 than it was to $47 million.