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how is the market cap and valuation of tpi india limited (500421) ✌️【Stock Club】✌️ Free stock data analysis tools to help you select stocks accurately and capture global market trends. Stay ahead with expert market predictions for better investment returns. A federal appeals court ruled on Monday that white supremacist and nationalist groups will have to pay a more than $2 million in punitive damages to people who suffered physical or emotional injuries from the 2017“Unite the Right” rally in Charlottesville, Virginia.

In 2021,a jury ruledwhite nationalist leaders and organizations had to pay more than $26 million in damages to those who suffered injuries from the rally.

how is the market cap and valuation of tpi india limited (500421) ✌️【Stock Club】✌️ Free real-time stock market data, professional analysis, and expert insights to help you plan the best investment strategy. Get ahead of the competition with expert predictions on market trends. The “Unite the Right” rally was a two-day event to protest the city’s plan to remove a statue of Confederate Gen. Robert E. Lee.

how is the market cap and valuation of tpi india limited (500421) ✌️【Stock Club】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. Approximately $24 million of the $26 million were for punitive damages, but a judgelater cutthat amount to $350,000, meaning the eight plaintiffs were going to receive only $43,750 each.

However, according to court documents, restoring more than $2 million of the slashed amount means each plaintiff will receive approximately $350,000.

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In Monday’s opinion, Chief Judge Albert Diaz wrote, “… we vacate the district court’s order to the extent that it reduces the jury’s punitive damages to $350,000 for all plaintiffs under the Virginia punitive damages cap. And we remand with instructions that the district court apply the cap instead on a per-plaintiff basis.”

Before the “Unite the Right” rally began, counter-protestors clashed with white nationalists and other right-wing groups which prompted local officials to declare the rally an “unlawful assembly” and the governor declared a state of emergency,【 - Free Step-by-Step Investment Guide 】 previously reported.

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“Over two years ago, the jury used its $24 million punitive damages award to send an unmistakable message to the defendants and to the public about the outrageous misconduct that took place in Charlottesville, Virginia,” Diaz wrote in the 3-0 ruling. “While the law compels us to reduce the award, it’s long past time for that message to be delivered.”

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