8th Circuit holds punitive damages on Ferrari purchase at $500,000

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Remember the case of the Virginia man who sued Northwest Arkansas Mercedes-Benz for damages over undisclosed problems with a used Ferrari he’d purchased? The 8th U.S. Circuit Court of Appeals today affirmed a decision in Fayetteville by federal Judge P.K. Holmes that upheld a jury’s award of $20,201 in compensatory and incidental damages, but reduced the […] The post 8th Circuit holds punitive damages on Ferrari purchase at $500,000 appeared first on Arkansas Times.
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8th Circuit holds punitive damages on Ferrari purchase at $500,000

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