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Mercedes Gets Jury's $115M Punitive Award Axed On Appeal

By Brandon Lowrey ( March 31, 2016, 10:11 PM EDT) -- A split Texas appellate court on Thursday suggested reducing a jury's $115 million punitive award against Mercedes-Benz USA LLC and several Texas affiliates to $600,000 over claims that they defrauded a dealership buyer into thinking he could relocate the business to a more profitable part of the state. . . .

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