From rapper Flo Rida’s $82 million breach of contract case against an energy drink company to a nearly $1 billion sports car liability award against Mitsubishi, juries across the country in 2023 found corporate defendants liable for over $14.5 billion in “nuclear verdicts.”
Tag: breach of contract
PennPSERS Seeks Damages from Aon Over Investment Reporting Error
Pennsylvania Public School Employees’ Retirement System, Harrisburg, disclosed in a statement earlier this week it has filed a lawsuit against Aon Investments USA related to an error in investment reporting.
Chubb Launches New Employment Practices Liability Insurance Policy
Chubb has launched a new insurance offering to help protect companies from the financial costs associated with employment-related lawsuits filed for a range of issues, including wrongful termination, breach of contract, retaliation and otherwork-related issues. The Chubb PrimarySM Employment Practices Liability Insurance (EPLI) policy provides coverage for employment practices liability (EPL) claims brought by past,… Continue reading Chubb Launches New Employment Practices Liability Insurance Policy
Northeastern Faces $50M Class Action Suit over Sudden Coronavirus Shutdown
A group of students is taking aim at Northeastern University, charging in a $50 million class action lawsuit that the school has unjustly enriched itself and breached its contract with students paying tuition during the coronavirus-related shutdown of the campus. Manny Chong, the lead plaintiff in the suit filed late last week in U.S. District… Continue reading Northeastern Faces $50M Class Action Suit over Sudden Coronavirus Shutdown