Quote:
Originally Posted by Balticfox
The thing about puntive damages is that they're intended to punish for malevolence, negligence, etc. They should therefore not go to the plaintiff (who's already receiving full compensation) but to say a charity fund. This would have the effect of increasing the size of punitive damage awards enormously.
Like I say, punitive damages. That's the solution.
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No, the solution here is to resolve it. Even if punitive damages were available in a lawsuit, Fed Ex is a company with a 65 BILLION dollar market cap, I hardly think a punitive damages award in a suit for a 40K loss/theft is going to matter to them. People constantly overstate the in terrorem effect of civil litigation, not to mention have very little understanding of how hard it is to bring a class action in most circumstances.