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$5.8M Punitives For Lemon Ferrari? 8th Circ. Says Not So Fast

By Linda Chiem ( May 21, 2020, 4:51 PM EDT) -- The Eighth Circuit on Thursday affirmed a $500,000 punitive damages award against an Arkansas dealership that misrepresented the condition of a $90,000 Ferrari it sold to a customer, saying the dealership's conduct was "reprehensible," but not enough to justify a jury's initial $5. 8 million verdict. . . .

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