Indeed. 250 million compensation + 2 billion punitive is an immense amount of money.
The median wrongful death settlement in California is between $250,000 and $500,000, and the average payout for car accident deaths in the United States is around $1.5 million.
I dont really understand the criteria around what counts as liability for a defective product.
Cars and guns routinely kill people, but are useful tools. Roundup or baby powder kills someone in unintuitive and statistically remote ways, and you have multi-billion dollar settlements.
The median wrongful death settlement in California is between $250,000 and $500,000, and the average payout for car accident deaths in the United States is around $1.5 million.
I dont really understand the criteria around what counts as liability for a defective product.
Cars and guns routinely kill people, but are useful tools. Roundup or baby powder kills someone in unintuitive and statistically remote ways, and you have multi-billion dollar settlements.