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Why Indian Pharma Stocks Are Gaining Global Attention Real Time Portfolio Tracking ✌️【Investment Advisor】✌️ Free real-time stock market analysis, market dynamics reports, and expert insights into stocks, metals, energy, and agricultural products. Make profitable decisions by leveraging our advanced market forecasting tools. A federal appeals court ruled on Monday that white supremacist and nationalist groups will have to pay a more than $2 million in punitive damages to people who suffered physical or emotional injuries from the 2017“Unite the Right” rally in Charlottesville, Virginia.
In 2021,a jury ruledwhite nationalist leaders and organizations had to pay more than $26 million in damages to those who suffered injuries from the rally.
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Why Indian Pharma Stocks Are Gaining Global Attention Real Time Portfolio Tracking ✌️【Investment Advisor】✌️ Expert predictions of stock trends to help you select high-potential stocks accurately, along with free real-time market data on stocks, futures, and commodities. Maximize your growth potential by staying updated on market movements. Approximately $24 million of the $26 million were for punitive damages, but a judgelater cutthat amount to $350,000, meaning the eight plaintiffs were going to receive only $43,750 each.
However, according to court documents, restoring more than $2 million of the slashed amount means each plaintiff will receive approximately $350,000.
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In Monday’s opinion, Chief Judge Albert Diaz wrote, “… we vacate the district court’s order to the extent that it reduces the jury’s punitive damages to $350,000 for all plaintiffs under the Virginia punitive damages cap. And we remand with instructions that the district court apply the cap instead on a per-plaintiff basis.”
Before the “Unite the Right” rally began, counter-protestors clashed with white nationalists and other right-wing groups which prompted local officials to declare the rally an “unlawful assembly” and the governor declared a state of emergency,【 - Free VIP Group 】 previously reported.
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“Over two years ago, the jury used its $24 million punitive damages award to send an unmistakable message to the defendants and to the public about the outrageous misconduct that took place in Charlottesville, Virginia,” Diaz wrote in the 3-0 ruling. “While the law compels us to reduce the award, it’s long past time for that message to be delivered.”
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