Pridemore v. Cherry

OPINION

LEWIS, Judge.

Defendants/appellants Larry Cherry; Larry Cherry, Trustee; and Money Management Services, Inc.1 appeal from the judgment of the trial court awarding plaintiff the sum of $50,000.00 compensatory damages and $25,000.00 punitive damages, after finding that defendants violated their fiduciary duties to plaintiff.

The defendants have appealed and present two issues: (1) “Whether the trial court erred in finding that the plaintiff was economically damaged and awarding such damage,” and (2) “Whether the trial court erred in awarding punitive damages.”

The plaintiff presents one…