The top eight most expensive court judgments in the past 20 years features a list of Fortune 500 corporations found in the wrong by high courts to the tune of several billion dollars.
There are several court judgments many have heard of in the news the past couple of years, including BP’s massive payouts for the Deepwater Horizon oil spills in the Gulf of Mexico that resulted in a handful of criminal cases against the oil giant.
Other expensive court judgments are tied to banks for their roles in triggering the 2008 financial sector crisis over creating questionable mortgage-backed securities.
Not included on the top-eight list of the most expensive court judgements are two pharmaceutical companies — GlaxoSmithKline ($3 billion) and Pfizer ($2.3 billion) — which were busted for wrongfully marketing prescription drugs.
GlaxoSmithKline unlawfully gave doctors vacations and money to prescribe products to patients while Pfizer illegally marketed the painkiller drug called Bextra.
The Top 8 Most Expensive Court Judgments In The Past 20 Years
Tobacco Master Settlement Agreement – $206 billion over the agreement’s first 25 years
MORE: Tony Gwynn’s Family Settles Wrongful Death Suit vs. Tobacco Company
British Petroleum $18.7 billion
Bank of America $16.6 billion
JPMorgan $13 billion
Bank of America $9.3 billion
CitiGroup $7 billion
Anadarko/Kerr McGee $5.15 billion
British Petroleum $4.5 billion
MORE: Cape Coral Settles Wrongful Death Lawsuit Stemming From Hurricane Irma
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Attorney Morgan Jaye McGrath is a partner at The Berman Law Group which manages and urges to provide justice to its fullest to the victims. Our team of professionals study your case individually and then quote their thinking and ideas to make the case strong. There is a minor difference between the criminal lawyer and the wrongful death lawyer. Criminal lawyers represent defendants facing criminal charges in state, federal and appellate courts. Their scope of practice includes bail bond hearings, plea bargains, trial, revocation hearings (parole or probation), appeals and post-conviction remedies.
