To Prevent a Plaintiff from Realizing a Windfall in Damages

question 16

Short Answer

To prevent a plaintiff from realizing a windfall in damages, a defendant may propose the plaintiff's award be discounted to the of the award.

---

Definitions:

Common Stock

Equity ownership in a corporation, with privileges that may include voting rights and a share in profits through dividends and capital appreciation.

Par Value

The nominal or face value of a bond, share, or other financial instrument, as stated by the issuer.

Treasury Stock

Shares of a company's own stock that it has reacquired and holds in its treasury.

Par Value

Par value, often associated with stocks and bonds, is a nominal value assigned to a security by the issuer at the time of issuance, which may bear no relation to its market value.