BoatBanter.com - View Single Post - OUCH! Triple and punitive damages of $2.5mm over a boat deal!

wrote in message
oups.com...

wrote:
I hope that this is a good lesson to those in the industry.
Lying about the condition of a boat you sell may not produce the
intended results. I'll bet that MarineMax thought that they had just
clipped another pigeon. It looks like the pigeon won the battle in the
end.

Chuck, I know you are in the industry. The title of the thread seems to
indicate that you think that this was excessive.

What makes you feel that way?

You made a very quick leap from an assumption that the title "seems to
indicate" something to asking me to defend what you presumed the title
must have meant.

"Ouch!" means that for even a company as large as Marine Max, a $2.5mm
settlement, (plus attorney fees for both sides etc that will probably
bring the total to $3mm) is a good sized bite out of the bottom line.

Unless the judge ordered otherwise...........their insurance company was
left holding the bill. No big deal for Marine Max other than possible
higher insurance rates.

snip