Judge Slashes $134 Million Judgment Against Wyeth
Citing concerns that "passion and prejudice" inflated the verdict, a judge on Tuesday slashed a record $134 million judgment awarded to three Nevada women by a jury that decided a drug made by the giant pharmaceutical company Wyeth caused their breast cancer. Washoe County District Court Judge Robert Perry granted the drug-maker's motion to find the damages excessive. He ordered the award reduced to about $58 million -- $23 million in compensatory and $35 million in punitive damages. The judgment had been the largest award to date against the Madison, N.J.-based company, which faces about 5,300 similar lawsuits across the country in state and federal courts.
Judge Slashes $134 Million Judgment Against Wyeth law.com Wed, Feb 20, 2008