February 09, 2015
Last year's biggest product liability verdicts included multibillion-dollar decisions with large punitive damages components — a $6 billion award against Takeda Pharmaceutical Co. Ltd. that was later reduced, and a $23 billion Engle verdict against R.J. Reynolds Tobacco Co. — but with appeals still pending, the eye-popping awards face dramatic cuts.
October 22, 2014
A Florida federal jury on Wednesday hit Philip Morris USA Inc. and R.J. Reynolds Tobacco Co. with a $41.1 million verdict for a smoker suffering from severe chronic obstructive pulmonary disease.