LA Real Estate Empire Court Verdict Is Now $3 Billion Bigger
- Punitive damages in Jogani brothers feud added to $2.5 billion
- Dickensian case has seen five judges, generations of lawyers
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A jury added $3 billion in punitive damages to a previous multibillion-dollar award in a 21-year legal feud among five brothers from India who have amassed a fortune in diamonds and Los Angeles real estate.
The jurors on Thursday ordered Haresh Jogani to pay his brother Shashikant $1.5 billion, on top of $1.8 billion awarded last week, according to representatives of the plaintiffs. He was ordered to pay two other brothers, Rajesh and Chetan, a combined $1.5 billion in punitive damages, after an initial award of $759 million.