Socialite who killed two boys in hit-and-run says she can't pay $176M in damages

Socialite who killed two boys in hit-and-run says she can't pay $176M in damages. Rebecca Grossman, the Los Angeles socialite convicted in a fatal hit-and-run, faces $176 million in punitive damages after a jury awarded that amount to the victims' family. In the civil case, her attorney argued that she has no earnings or assets to satisfy the verdict, noting she has not earned income since before and after the incident. Grossman, 62, is serving a 15 years-to-life sentence for murder and vehicular manslaughter in the September 29, 2020, deaths of eight-year-old Jacob Iskander and 12-year-old Mark Iskander as they crossed a Westlake Village street with their family. Her husband, Dr. Peter Grossman, a prominent Los Angeles plastic surgeon, is expected to testify. During opening statements, Iskander family lawyers said evidence would show the Grossmans tried to conceal assets, and a deposition clip showed Dr. Grossman saying he did not know how much money his wife earned in 2021. The punitive-damages phase may hinge on whether the court views the couple’s finances as a deterrent against future wrongdoing. Grossman remains imprisoned, while jurors weigh multimillion-dollar penalties given the case’s circumstances. The case highlights the broader debate over punitive damages and wealth in high-profile legal battles.