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SCHAFFER v. EDWARD D. JONES & CO.

No. 19277.

552 N.W.2d 801 (1996)

1996 SD 94

Edward SCHAFFER, Plaintiff and Appellee, v. EDWARD D. JONES & CO., Defendant and Appellant.

Supreme Court of South Dakota.

Decided July 24, 1996.

Attorney(s) appearing for the Case

Michael J. Schaffer of Davenport, Evans, Hurwitz and Smith, Sioux Falls, for plaintiff and appellee.

Robert D. Hofer and David A. Pfeifle of Riter, Mayer, Hofer, Wattier & Brown, Pierre, for defendant and appellant.

GILBERTSON, Justice.

[¶ 1] Edward D. Jones & Co. (Jones) appeals from a judgment awarding Edward Schaffer punitive damages in the amount of $750,000. Jones also appeals the trial court's post-trial order denying Jones' motions for a new trial or, in the alternative, for vacatur or remittitur of the punitive damages award, and for judgment notwithstanding the verdict or, in the alternative, for a new trial. We affirm.

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