An independent communications and research firm released a report that shows nuclear verdicts—judgments over $10 million—against corporate defendants have increased by nearly 30% in the last year, and that state governors have had an outsized role in the results.
Phil Singer, CEO of Marathon Strategies, noted Florida had historically been a state with the second largest sum of verdicts, behind Missouri with $4 billion, and ahead of Texas with $3.7 billion and Pennsylvania with $2.7 billion.
