v. Smith-Cote (In re Cote)

Justice James Jeremiah Shea delivered the Opinion of the Court.

***72¶1 Farmers State Financial Corporation (Farmers) appeals the Order of the Twenty-First Judicial District Court, Ravalli County, awarding punitive damages against Farmers for fraudulent stock conversion.

¶2 We restate the issues as follows:

Issue One: Whether the District Court Order restoring John Cote, Jr.'s converted Stock constituted an award of compensatory damages for purposes of determining an award of punitive damages.

Issue Two: Whether the District Court erred by finding that Farmers was subject to punitive damages…