Owen M. Panner,
Byron v. Rajneesh Foundation International
(1985)
“ The jury applied a rough tripling formula in assessing punitive damages, awarding $1 million in punitives on the $309,990 misrepresentation claim and $250,000 in punitives on the $80,000 fiduciary relationship claim. Triple damages frequently are allowed by the United States Code, and are not shocking.I also consider the size of the award in relation to RFI's assets. While plaintiff suggests that I consider evidence of assets used by RFI as security on its post-trial motions, I consider only the evidence of assets presented at trial. ”

