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MARCUS, STOWELL & BEYE GOVERNMENT SECURITIES, INC. v. JEFFERSON INV. CORP.

No. 85-2491.

797 F.2d 227 (1986)

MARCUS, STOWELL & BEYE GOVERNMENT SECURITIES, INC., Plaintiff-Appellee Cross-Appellant, v. JEFFERSON INVESTMENT CORPORATION, et al., Defendants, Daniel M. Andreola and the Andreola Companies, Inc., Defendants-Appellants Cross-Appellees.

United States Court of Appeals, Fifth Circuit.

August 18, 1986.

Attorney(s) appearing for the Case

Michael D. Farris and Gerald R. Powell, Dallas, Tex., and Fulbright & Jaworski, Murray Fogler, Houston, Tex., for defendants-appellees cross-appellants.

Gregory A. Bolzle and Ralph A. Midkiff, Porter & Clements, Houston, Tex., for plaintiff-appellant cross-appellee.

Before RUBIN, POLITZ and JOHNSON, Circuit Judges.

JOHNSON, Circuit Judge:

In this Texas tortious interference with contract action, the jury returned a verdict in favor of the plaintiff, Marcus, Stowell & Beye Government Securities, Inc. ("MSB"), and awarded $119,000.00 in actual damages as well as $150,000.00 in punitive damages. The district court deducted from MSB's recovery $65,000.00 that MSB had received in an earlier settlement agreement with a third party. The district court also refused to award MSB...

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