Yup. There's a reason that "forensic arborist" is an actual job title. Trees are worth way more than most people think.

My dad was a groundskeeper at a smallish local college that is somewhat known for its fairly large and diverse collection of trees. Nothing really exotic, just a wide variety of fairly normal trees that grow well in our climate. At one point a big landscaping company convinced someone on the college admin team to switch pesticides to their newer "green" pesticide. Well they went and treated a bunch of trees with this new pesticide and it wound up killing quite a few of the trees (probably not more than 20-25). The college wound up being awarded several $million in damages. US tree law is no joke.