UHS faces $360M jury verdict in Cumberland sexual misconduct case; punitive expected to be cut

UNIVERSAL HEALTH SERVICES INC

Jury awarded $60M compensatory, $180M trebled damages (VCPA), $120M punitive against Cumberland and Dr. Davidow.
UHS and UHS Delaware were dismissed during trial; Cumberland will challenge verdict post-trial and on appeal.
Company expects punitive damages to be reduced to max $1.05M under Virginia law; ~40 additional plaintiffs pending.
Pavilion (IL) case previously disclosed: $60M compensatory + $475M punitive verdict; post-trial motions awaiting decision.
Remaining 2020-policy insurance coverage ~$221M, subject to $10M/$3M self-insured retentions per occurrence.

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