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QUEST MEDICAL, INC. v. APPRILL

No. 95-10438.

90 F.3d 1080 (1996)

QUEST MEDICAL, INC., Plaintiff-Counter Claimant-Appellee, v. Earl J. APPRILL, Defendant-Counter Claimant-Appellant.

United States Court of Appeals, Fifth Circuit.

August 12, 1996.

Attorney(s) appearing for the Case

Jasper G. Taylor, III, Hughes & Luce, Dallas, TX, for Quest Medical, Inc.

Gary S. Cohen, Denver, CO, for Earl J. Apprill.

Before POLITZ, Chief Judge, and GOODWIN and DUHÉ, Circuit Judges.

DUHÉ, Circuit Judge:

Appellant, Earl J. Apprill, ("Apprill") sued appellee, Quest Medical, Inc., ("Quest") under four alternative theories of liability for Quest's alleged fraudulent conduct in a stock purchase transaction. After the jury returned a verdict in favor of Apprill on all theories, the district court, pursuant to Quest's motion for judgment notwithstanding the verdict, reduced the jury's award of $270,000 actual damages and $500,000 exemplary damages...

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