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Oregon appellate ruling in PacifiCorp case could jeopardize $1 billion in wildfire victim damages [Yahoo! Finance]

Portland General Electric Co (POR) 
Last portland general electric co earnings: 4/24 05:00 am Check Earnings Report
US:NYSE Investor Relations: investors.portlandgeneral.com
Company Research Source: Yahoo! Finance
The Oregon Court of Appeals sent the class-action case back to a lower trial court over concerns about a jury instruction given during a 2023 trial . In that trial, jurors found the utility liable for negligently failing to cut power despite warnings from top fire officials and determined it should have to pay punitive and other damages — a decision that applied to a class of property owners. Since then, other juries have ordered PacifiCorp to pay over $1 billion in damages to a class that includes thousands of members. In the ruling, a three-judge appellate panel found that the trial court erred in instructing the jury that it could assume that the evidence presented at trial regarding four different wildfires applied to all class members. “We conclude that ... that instruction was legally erroneous, because certain evidence at trial, particularly related to causation, did not necessarily apply to every class member,” the judges wrote. “We further conclude that giving the inst Show less Read more
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