As Post-Trial Counsel, PSD Wins Remittitur Motion, Leading to Court Vacating $24.4 Million Verdict and a New Trial for Former Company Officer

September 24, 2023

After a Massachusetts jury returned a verdict of $24.4 million against a former officer of Chime Media, the defendant turned to PSD for post-trial motions. PSD argued that Chime Media’s damages theories were speculative. On September 21, 2023, the court granted a remittitur motion, reducing the amount of the verdict to less than $1.3 million, about 5% of the original verdict. Chime Media rejected the remittitur, leading to the entire verdict being vacated and a new trial ordered.

Josh Solomon leads the representation of the former Chime Media officer.

Download the Decision Here