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CITIZENS STATE BANK v. SHEARSON LEHMAN BROS., INC.

Civ. A. No. 93-2351-JWL.

874 F.Supp. 307 (1994)

CITIZENS STATE BANK, Plaintiff, v. SHEARSON LEHMAN BROTHERS, INC., Defendant.

United States District Court, D. Kansas.

December 30, 1994.

Attorney(s) appearing for the Case

Matthew D. Keenan, Paul W. Rebein, Shook, Hardy & Bacon, Overland Park, KS, for plaintiff.

J. Randall Coffey, Blackwell, Sanders, Matheny, Weary & Lombardi, John W. Shaw, Nicholas L. DiVita, Matthew V. Bartle, Lisa J. Henoch, Bryan Cave, Kansas City, MO, for defendant.

MEMORANDUM AND ORDER

LUNGSTRUM, District Judge.

I. Introduction

On October 20, 1994, a jury returned its verdict in this fraud case finding the defendant, Shearson Lehman Brothers, Inc. ("Shearson"), liable to the plaintiff, Citizens State Bank ("CSB"), for $236,000.00 in actual damages. It also found that the plaintiff was entitled to an award of punitive damages. Because the court had held under advisement that portion of defendant's motion...

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