Labor/Employment,
Civil Litigation
Jul. 30, 2020
$17M for bank employee in termination case
A state appellate panel awarded a U.S. Bank employee $17 million, a reduction from the $24 million a jury originally granted the employee for his claims of defamation, wrongful termination, and a breach of the implied covenant of good faith and fair dealing against the company.
A state appellate panel awarded a U.S. Bank employee $17 million, a reduction from the $24 million a jury originally granted the employee for his claims of defamation, wrongful termination, and a breach of the implied covenant of good faith and fair dealing against the company.
Monday's decision said the plaintiff was entitled to $8,489,696 in punitive damages, "a one-to-one ratio to the $2,489,696 in wrongful termination damages an...
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