15.26 Trademark Damages-Actual or Statutory Notice is a type of legal remedy available to holders of registered trademarks, which provides them with a way to recover monetary damages if their trademark is infringed upon. Trademark Damages-Actual or Statutory Notice can be either “actual” damages or “statutory” damages. Actual damages are based on calculations such as lost sales, profits, and other losses caused by the trademark infringement. Statutory damages are determined by a judge and are based on a set amount provided by law. Depending on the severity of the infringement, the judge can award from $500 to over $200,000 in statutory damages.