Are there limits to the amount of damages that I can receive if I win a product liability lawsuit?

Yes, there are limits to the amount of damages that you can receive if you win a product liability lawsuit in Oklahoma. According to Oklahoma state law, a plaintiff can generally recover compensatory damages only, and there is no statutory cap on the amount of damages a plaintiff can receive. However, a court may limit the amount of damages awarded to a plaintiff if it finds that the amount is excessive in comparison to the severity of the injuries or damages suffered. In addition to compensatory damages, punitive damages may also be awarded in a product liability lawsuit, but these are typically only given in cases of extreme negligence or intentional misconduct. Punitive damages are meant to punish the liable party, and in most cases, the total amount of punitive damages cannot exceed the amount of compensatory damages. Finally, it is important to be aware that product liability lawsuits are often complex, and an experienced lawyer can provide you with the best advice about the type and amount of damages that you can seek. Your lawyer will also be able to advise you about the statute of limitations that may be applicable to your case.

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