JBG SMITH hit with $356 million trebled damages judgment in Wardman Tower lawsuit
JBGS•Claims in the case and next steps
The case alleges construction and design defects, misrepresentations, and CPPA violations tied to the Wardman Tower condominium project.
The lawsuit initially sought $185 million in compensatory damages, with treble damages under the CPPA of about $555 million.
The company plans to appeal; results are now expected on or before Aug. 10, 2026.
Wardman Tower judgment and earnings delay
JBG SMITH postponed its Q2 2026 earnings release to assess a Wardman Tower litigation judgment.
D.C. Superior Court entered judgment July 31, 2026 for $118.7 million in damages, trebled to about $356 million; attorneys’ fees are pending.
