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Ford Motor Co. Message Board

  • stockup1 stockup1 May 14, 2007 10:18 AM Flag

    any thoughts on this please

    dj: Court sends back $82.6 m Calif. Judgement against ford.
    this is the headline no further info provided yet. does that mean that the court dismised a lawsuit against ford? is this good news or bad news for ford? your thoughts are appreciated
    thanks

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    • Old news except for the recent Supreme Court action.

      The case is Ford Motor Company v. Buell-Wilson, 06-1068. In 2004, a California jury found that plaintiff�s Explorer was defective because of instability and a weak roof. The jury awarded $369 million, including $246 million in punitive damages. Thereafter, courts cut the size of the award to the now $82.6 million approved by a California state appeals court which includes punitive damages of $55 million. Ford appealed to the U.S. Supreme Court which has instructed the California appeals court to review the award in light of the Supreme Court decision overturning a $79.5 million punitive damages award in a tobacco case earlier this year. There, the court said then that a jury may punish a defendant only for the harm done to the person who is suing, not to others whose cases were not before it.

      Now, all the raving socialists who spend their time ranting on this Ford stock message board, making it generally a waste of time, can go off.

 
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