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Home / Courts / 4th Circuit / Tort/Negligence – $22.35 million defamation award vacated (access required)

Tort/Negligence – $22.35 million defamation award vacated (access required)

Where a jury awarded $22.35 million to a healthcare investor because he was defamed by a biotechnology company, but the jury did not receive evidence sufficient to support the award, the award was vacated and the case was remanded for a new trial on damages. Background In 2019, a jury found Puma Biotechnology Inc. had defamed Fredric ...

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