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ALDRICH v. THOMSON McKINNON SECURITIES, INC.

No. 83 Civ. 3570 (KTD).

589 F.Supp. 683 (1984)

Helen L. ALDRICH, Plaintiff, v. THOMSON McKINNON SECURITIES INC. and George A. Serhal, Defendants.

United States District Court, S.D. New York.

July 5, 1984.

Attorney(s) appearing for the Case

Milberg, Weiss, Bershad, Specthrie & Lerach, New York City, for plaintiff; Patricia M. Hynes, Elizabeth A. Shollenberger, New York City, of counsel.

Wilson, Elser, Edelman & Dicker, New York City, for defendants; Edward J. Boyle, James M. Kaplan, New York City, of counsel.

MEMORANDUM AND ORDER

KEVIN THOMAS DUFFY, District Judge.

After a trial that I held in this securities' fraud action from May 7, 1984 to May 22, 1984, a jury returned a verdict against the defendants for over $3 million in punitive damages and $175,000 in compensatory damages. Defendants George A. Serhal and Thomson McKinnon Securities, Inc. ("Thomson McKinnon") now move for judgment notwithstanding the verdict ("JNOV") pursuant to Fed.R.Civ.P. 50(b), or...

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