$50M Punitive Damages Award In Age Bias Suit Is Set Aside; New Trial Granted

Mealey's (December 21, 2017, 10:11 AM EST) -- CAMDEN, N.J. — Calling a jury’s punitive damages verdict in favor of a former Lockheed Martin Corp. employee on his claims of age discrimination a shock to “this court’s conscience,” a New Jersey federal judge on Dec. 18 granted a motion for a new trial filed by Lockheed as to the $50 million award (Robert Braden v. Lockheed Martin Corp., No. 14-4215, D. N.J., 2017 U.S. Dist. LEXIS 207236)....