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Peter Grossman, husband of convicted socialite Rebecca Grossman, returned to the witness stand Thursday to address questions regarding the couple’s financial assets during the punitive damages phase of a wrongful death civil trial. The trial concerns the 2020 deaths of brothers, Mark and Jacob Iskander, aged 11 and 9, who were struck by a vehicle in Westlake Village.

Rebecca Grossman was convicted last year of three counts of vehicular manslaughter and one count of reckless driving for her role in the incident. Peter Grossman’s testimony focuses on the couple’s assets, a key element in determining the extent of punitive damages the plaintiffs, the boys’ parents, could potentially receive. Attorneys for the Iskander family are seeking significant financial compensation, arguing that the Grossmans possess the resources to pay substantial punitive damages.

During his testimony, Peter Grossman reportedly faced probing questions about various financial holdings, including real estate, investments, and business interests. His responses were closely scrutinized by the plaintiffs’ legal team, who are attempting to establish the couple’s ability to pay a large sum. The purpose of the punitive damages phase is to punish the defendants for egregious behavior and deter similar actions in the future.

The wrongful death lawsuit was filed by the Iskander family against Rebecca and Peter Grossman, alleging negligence and reckless disregard for the safety of others. The trial has drawn significant attention due to the high-profile nature of the defendants and the tragic circumstances of the boys' deaths. The jury will ultimately decide whether to award punitive damages and, if so, the amount.

Previous testimony in the trial has detailed the events leading up to the collision, including Rebecca Grossman's alleged intoxication and excessive speed. The current phase of the trial is solely focused on financial considerations, and Peter Grossman's testimony is crucial to the plaintiffs' case.