Equity LifeStyle Properties Hit with Additional $95.8 Million Damages

Updating a story MHProNews.com posted April 15, 2014 regarding a California court’s $15.3 million compensatory verdict against Equity LifeStyle Properties (ELS) brought by residents of California Hawaiian manufactured home community in San Jose, the same jury has awarded the plaintiffs $95.8 million in punitive damages. As regards the damage awards, according to twst.com, none of the 42 former or current residents of the 418 homesites presented evidence of any physical or emotional damage requiring the attention of a healthcare provider. Marguerite Nader, ELS CEO, said, “We could not disagree more strongly with the jury’s verdicts. We will vigorously seek to overturn them in the trial court or on appeal, including but not limited to asking the trial judge to grant a new trial and to reduce the grossly excessive damages.” ##

(Photo credit: mhvillage.com–California Hawaiian community in San Jose Calif., Equity LifeStyle Properties)

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