Treble Damages Statutory Penalty

Definition: A statutory remedy providing for the recovery of three times the actual damages as punishment for particularly egregious conduct. Available under specific Florida statutes as a deterrent against certain types of wrongful behavior.

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Treble Damages as Statutory Penalty in Florida

FL treble damages: statutory remedy tripling actual damages. Statutes: Chapter 772 (criminal practices: mandatory), Section 501.211 (FDUTPA: willful), Section 812.035 (civil theft: mandatory), Section 895.05 (RICO), and Section 668.004 (trade secrets: up to 2x). Calculation: actual x 3. Example: actual damages multiplied by three. Attorney fees also authorized. Civil theft: pre-suit demand required (Section 772.11: 30 days). Court: discretionary (may) or mandatory (shall).

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Reviewed by the attorneys at Barnes Walker, Goethe, Shea & Robinson, PLLC

Disclaimer: The information and opinions provided are for general educational, informational or entertainment purposes only and should not be construed as legal advice or a substitute for consultation with a qualified attorney. Any information that you read does not create an attorney-client relationship with Barnes Walker, Goethe, Shea & Robinson, PLLC, or any of its attorneys. Because laws, regulations, and court interpretations may change over time, the definitions and explanations provided here may not reflect the most current legal standards. The application of law varies depending on your particular facts and jurisdiction. For advice regarding your specific situation, please contact one of our Florida attorneys for personalized guidance.

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