Cash Landing

A federal jury in New York City made the first award to relatives of a victim of the 1988 bombing of Pan Am Flight 103 over Lockerbie, Scotland -- and it was a whopper. The family of Robert Pagnucco, an assistant general counsel at PepsiCo and one of the 270 people killed in the terrorist bombing, was granted $9.2 million. A previous trial had held Pan Am responsible for its lax security. Although the defunct airline plans to appeal that finding, its insurers could face more million-dollar verdicts in the 200 or so compensation cases brought by the families of other...

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