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SARKES TARZIAN v. U.S. TRUST CO. OF FLA. SAV. BANK

Nos. 03-2994, 03-3098.

397 F.3d 577 (2005)

SARKES TARZIAN, INC., Plaintiff-Appellee-Cross-Appellant, v. U.S. TRUST COMPANY OF FLORIDA SAVINGS BANK, Defendant-Appellant-Cross-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided February 14, 2005.

Attorney(s) appearing for the Case

Alan H. Goldstein, Ice Miller, Indianapolis, IN, for Plaintiff-Appellee.

Steven M. Edwards (argued), Hogan & Hartson, New York, NY, for Defendant-Appellant and Plaintiff-Appellant.

Lou Mrachek (argued), Alan B. Rose, Page Mrachek Fitzgergald & Rose, West Palm Beach, FL, for Defendant-Appellant and Defendant-Appellee.

Before KANNE, EVANS, and WILLIAMS, Circuit Judges.

WILLIAMS, Circuit Judge.

Sarkes Tarzian, Incorporated ("STI") brought this suit for breach of an oral contract for the sale of non-publicly traded shares of STI stock against U.S. Trust Company of Florida Savings Bank ("U.S.Trust"). A jury found that U.S. Trust breached its contract entered into by James Pressly, who was acting on U.S. Trust's behalf, and awarded STI $4 million in damages. U.S. Trust appeals the district court's denial of its motion for judgment as...

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