Amazing DD . Can you sticky the post . I like the part about the judges opinion . I doubt he is going to eat his own words out, I think he sticks to his word .
$280,000,000 Million and the Judge says "that's not excessive". Its a big deal when a Judge makes that statement. This tells me the defendants exposure is significantly more than the $280 mil they are demanding for settlement.
That figure is not written in stone yet. Sometimes the figure actually gets raised in the settlement conference. A case like this wouldn't surprise me.
"Given the chutzpah with which Defendants allegedly executed their schemes, the Court finds that the request for punitive damages is sufficient to survive the motion to dismiss."