JPMorgan Says Family Awarded $8 Billion Verdict Deserves Nothing

JPMorgan Chase & Co. urged a judge to throw out a stunning $8 billion jury verdict over a mismanaged inheritance, saying the family deserves nothing.

“The law and evidence do not support any claim against JPMorgan, much less the unprecedented multi-billion-dollar punitive damage award, which the heirs have already admitted is unconstitutionally excessive,” the bank said in a filing in Dallas probate court.

Two children of Max Hopper, a former American Airlines executive who died in 2010, have already asked that the damages for them and their father’s estate be reduced to about $74 million, while his widow has yet to weigh in with any adjustment to the ninth-largest verdict in U.S. history.

Read on.

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2 responses to “JPMorgan Says Family Awarded $8 Billion Verdict Deserves Nothing

  1. Reblogged this on Deadly Clear and commented:
    Who ever the Hoppers had for their legal team was terrific! Too bad juries can’t award prison sentences.

  2. Pingback: JPMorgan Says Family Awarded $8 Billion Verdict Deserves Nothing — Justice League | California freelance paralegal

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