On September 22, 2022, the Court of Appeals of Arizona affirmed jury awards against Trustees (and also the trust Settlor and attorneys) for breach of fiduciary duty, which included compensatory damages in the amount of $10.5 million and punitive damages in the amount of $10.5 million. Kunasek v. Johnson, 2022 WL 4377299. This case arose after Defendant Settlor had a falling out with Plaintiff, who was one of the beneficiaries of the trust and also served on the Maricopa County Board of Supervisors and as an advisor to the Arizona governor.
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