1. What does your Punitive Damages Analysis consist of?
Based on a review of company financial documents, we assess the financial health, wealth and ability of the company to pay punitive damages.
2. What is the financial health, wealth and ability to pay punitive damages?
Our analysis goes beyond a look at net worth. We view net income, cash flow, cash on hand, CEO compensation and other statistics, as well as net worth, to assess the true ability of the company to pay punitive damages. A company may show relatively low net worth while it spends $200 million a year on advertising. This is the type of information we try to highlight.
3. Where do you obtain the information for this analysis?
The documents for publicly traded companies are easily obtainable. Information on a number of private firms can be purchased as well.
4. How does your analysis calculate a punitive damages award amount?
We don't calculate the award amount. Instead, we give a framework to the trier-of-fact that helps them decide the proper amount of damages. Our analysis helps the trier-of-fact determine the ability of the company to pay, and gives them a basis to decide a proper award amount.
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