WTF Hulk Hogan Sex Video Jury Awards $25M in Punitive Damages, Above the $115 Million Already Awarded

Discussion in 'The Howard Stern Show' started by chapped, Mar 21, 2016.

  1. chapped

    chapped Well-Known Member

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    ok seriously??????


    Hulk Hogan Jury Awards $25M in Punitive Damages
    Mon, 21 Mar 2016

    A jury has hit Gawker Media with $15 million in punitive damages and its owner with $10 million, adding to the $115 million it awarded last week for publishing a sex video of Hulk Hogan
     
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  2. Shivvy

    Shivvy 100k Post Club

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    :yes:

    Hope he gets every penny
     
  3. boognishstern

    boognishstern Well-Known Member

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    Total damages in Hulk Hogan sex tape case: $140.1 million
    [​IMG]
    Gawker founder Nick Denton walks out of the courthouse on March 18.

    (Eve Edelheit / Tampa Bay Times)
    Les Neuhaus
    A jury awarded former wresting star Hulk Hogan $25.1 million in punitive damages Monday in his invasion-of-privacy case against Gawker Media.

    The decision brings the total damages in the case to $140.1 million.

    Join the conversation on Facebook >>

    The same six jurors took just six hours Friday to decide that Gawker was liable for the October 2012 publication of an amateur sex tape featuring Hogan -- whose real name is Terry Bollea -- and award him $60 million for emotional stress and $55 million for economic damages.

    Under Florida law, the jury could have awarded him up to three times that total in punitive damages, or $345 million.

    But that never seemed likely, as Judge Pamela A.M. Campbell of Florida's 6th Judicial Circuit Court in Pinellas County told the jury that punitive damages should not have a devastating effect on the defendants.

    [​IMG]
    Hulk Hogan verdict raises crucial privacy issues in the digital age

    The jury decided that Gawker should pay $15 million in punitive damages and that Nick Denton, its founder and chief executive, should pay $10 million.

    Albert J. Daulerio, who was editor in chief of Gawker.com at the time the sex video was published, was ordered to pay $100,000.

    According to financial data and growing readership statistics presented by Hogan’s lawyers in court Monday, Gawker Media’s prejudgment valuation is $83 million, and the company brought in $48.7 million in 2015. Denton’s net worth is $121 million, with $117 million of that coming from his shares in the company and $3.6 million from his condominium.

    The lawyers said Daulerio has no monetary assets and owes $27,000 in student loans.

    Michael Berry, an attorney for Gawker, had argued that the $115 million already awarded was punishment enough.

    See the most-read stories this hour >>
    “The amount you have rendered in your verdict is already far beyond their means,” he told jurors before they began deliberations Monday afternoon. “An additional punishment is unnecessary.... Your verdict will send a chill down the spine of publishers, writers, producers and publishers throughout the company.”

    Gawker has indicated that it intends to appeal the case, which has been winding through court systems for more than three years.

    In 2014, the Florida 2nd District Court tossed out an injunction by Hogan's lawyers requiring Gawker to take down the video.

    After his victory Friday, Hogan tweeted to his 1.4 million followers: “Told ya I was going to slam another giant.”
     
  4. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    what you gonna do when Hulkamania takes every penny you got
     
  5. chapped

    chapped Well-Known Member

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    look i am all for fuck Gawker but kids who get cancer from companies don't get that kind of scratch...

    HE fucked his friends wife....
     
  6. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    my one buddy barely graduated high school makes more cash as a real estate guy than our other buddy who is a mechanical engineer
    life don't make no sense mostly
     
  7. chapped

    chapped Well-Known Member

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    one of the smartest persons i know didn't make it past 10th grade... yet has total recall and makes 6 figures working for a film company
     
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  8. eliasbboy

    eliasbboy Insert Witty Title Here Staff Member

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    I would love to go back and revisit the conversations that led to Gawker publishing the video.

    "We're going to be bigger than TMZ! "

    "Sure, there's a legal risk but what damages could they possibly award a washed out wrestler IF he even one a lawsuit? We'll be so loaded from advertising and licensing revenue we could easily pay him a few hundred thousand dollars to go away."
     
  9. chapped

    chapped Well-Known Member

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  10. RobsDad

    RobsDad Well-Known Member VIP

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    There's a difference between being "book smart" and having common sense. I know people with Master's degrees that can't change a fucking light bulb. I also know a guy I went to high school with, until he dropped out in 10'th grade to go work in an auto shop. 27 years later, he now owns it.
     
  11. crazypreacher

    crazypreacher Hey yo

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    Can't squeeze blood out of a turnip.
     
  12. chapped

    chapped Well-Known Member

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    and then there is The Bar
     
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  13. Tipsey Russell

    Tipsey Russell VIP Extreme Gold

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    that does happen
    but my real estate buddy is a total moron
    but he is a charmer
     
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  14. FeetToTaste

    FeetToTaste Well-Known Member

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    Do you really know someone that can't change a lightbulb? Like a standard household lamp lightbulb, Should probably get that person some help!
     
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  15. ILOOKLIKEBETH

    ILOOKLIKEBETH ever since than i've been the champ

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    hes gotta split that 3 or 4 ways im sure. bubba, heather, and the ex.
     
  16. Babalugats

    Babalugats New Member

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    Will Gawker declare themselves bankrupt to avoid paying?
     
  17. Slow

    Slow My name is my name DawgShed News

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    Tort reform is just too logical to ever happen. Lets continue to pay out hundreds of millions for emotional distress
     
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  18. walterHwhite

    walterHwhite Heisenberg

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    Think they said the owner had around $120 million and gawker around $45 million
     
  19. chapped

    chapped Well-Known Member

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    why wouldn't they?
     
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  20. RobsDad

    RobsDad Well-Known Member VIP

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    Swear to almighty God...my neighbor...2 doors down has a Masters in Education. He couldn't figure out how to take the light fixture in his kitchen apart to change the bulbs in it. Knocked on my door, and 5 minutes later, he could see in his kitchen after it got dark outside.