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JORDAN v. CLAYTON BROKERAGE CO. OF ST. LOUIS, INC.

No. 87-1312.

861 F.2d 172 (1988)

David T. JORDAN, Appellee, v. CLAYTON BROKERAGE COMPANY OF ST. LOUIS, INC., Appellant.

United States Court of Appeals, Eighth Circuit.

Decided October 17, 1988.

Rehearing and Rehearing Denied December 8, 1988.

Attorney(s) appearing for the Case

John W. Cowden, Kansas City, Mo., for appellant.

William C. Partin, Kansas City, Mo., for appellee.

Before HEANEY and WOLLMAN, Circuit Judges, and ROSS, Senior Circuit Judge.

Rehearing and Rehearing En Banc Denied December 8, 1988.

HEANEY, Circuit Judge.

Clayton Brokerage Co. of St. Louis, Inc. (Clayton) appeals from the district court's judgment entered in accordance with a jury verdict awarding David T. Jordan compensatory damages of $7,923.50 and punitive damages of $400,000.00. We affirm.

I. BACKGROUND

On June 30, 1980, Jordan established a commodities futures trading account with Clayton. Prior to that time...

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