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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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How is the market cap and valuation of Pramara Promotions Limited (PRAMARA) ✌️【Smart Trading】✌️ Free stock market strategies and analysis based on real-time data, empowering you to choose profitable investment options and avoid risks. Our expert predictions will help you stay in tune with the latest market trends. 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 Investment Community 】 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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