Single-truck company slapped with 'nuclear' $411 MILLION verdict following 45 vehicle pileup
For owner operator companies running a single truck operation-you might want to avoid Florida!
Another Nuclear Verdict-$411 MILLION DOLLARS!!
Discussion in 'Other News' started by mjd4277, Oct 6, 2020.
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Juries that give out these huge obscene awards are not to smart. It all comes back to cost consumers more for everything we buy. This is a major reason that owner ops and small and medium size trucking companies will have a hard time staying in business because of super high Insurance premiums, and only the megas will survive.
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i think to as @rachi mentions, that the insurance will be so darned sky high, only the big will survive.
sooner or later, the smaller outfits will fade away.LtlAnonymous, rachi and mjd4277 Thank this. -
Last edited: Oct 6, 2020
buddyd157, bzinger, LtlAnonymous and 1 other person Thank this. -
This is where the judge will step in and say it's time to get real fellas. Let's agree to a number, or let's have a mistrial and start all over. There will be a settlement, and it won't be 411 million dollars.
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They could have made it $1 billion and the injured rider would get the same amount. SMH
Opus, bzinger and LtlAnonymous Thank this. -
I wonder if they were set up as an LLC or sole propriety.
jamespmack and LtlAnonymous Thank this. -
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Hmmmm I wonder if it amounted to that number because the victim was a veteran....just thinking. Anyway, 411 million is way to extreme. That's impossible to pay back. He is a one truck operation and got stuck with 411 million. Werner is a mega and got slapped with 90 million. This what happens when you let common, unrealistic, angry at the world people on the jury. People don't even make 411 million in a lifetime(s).
D.Tibbitt, Gearjammin' Penguin, bzinger and 1 other person Thank this. -
If he owns the truck, and was driving the truck. It dont matter.olddog_newtricks and 062 Thank this.
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