Jury slams Schneider National with $47M ‘nuclear verdict' in fatal crash [Yahoo! Finance]
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Schneider National, Inc. (SNDR)
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Source: Yahoo! Finance
“Nuclear verdicts” are described as jury awards in which penalties exceed $10 million. Following a five-day trial, jurors in Cherokee County State Court in Canton, Georgia, awarded $47 million in compensatory damages on June 7 against Schneider National ( NYSE: SNDR ), headquartered in Green Bay, Wisconsin, and one of its former company drivers, Darryl Joachim, 29, of Lawrenceville, Georgia. The jurors apportioned 100% of the blame against Schneider and Joachim in the wrongful death lawsuit. What happened? It's complicated According to court documents, Jarvis Nance Sr., owner of Nance Truckin LLC of Powder Springs, Georgia, was struck and killed around 5:40 a.m. on Aug. 17, 2017, near the Camp Creek Parkway, after exiting his 2007 International 9400 tractor after investigators stated he was forced to brake suddenly and steer his tractor into the emergency lane, striking the concrete median, on southbound Interstate 285. Phillip Taylor, who was driving a 2009 GMC Sierra C1500
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SNDR
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- 5/2/24 - Miss
SNDR
Sec Filings
- 5/31/24 - Form 8-K
- 5/3/24 - Form 8-K/A
- 5/2/24 - Form 10-Q
- SNDR's page on the SEC website