Bloomberg reports that a Florida jury has awarded $260,000 in punitive damages to a smoker in a lawsuit against RJ Reynolds, rejecting the plaintiff's request for $10 billion. The Bloomberg story quotes the disappointed plaintiffs' lawyer: "It could have been and should have been more . . . [b]ut this is my first tobacco trial."
The plaintiff's lawyer may have thought that, just by asking for $10 billion, he would get at least a few million bucks out of the jury. After all, as our friends at Cal Biz Lit have noted, research shows that the most significant predictor for a large punitive damages award is a large request. That principle apparently did not work in the plaintiff's favor here, although we'll never know how much the jury would have awarded if the plaintiff had asked for something within the realm of reason.
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