WahlcoMetroflex, Inc. v. Baldwin

[¶ 1] Alexander G. Baldwin, former president and director of WahleoMetroflex, Inc., appeals from a judgment entered in favor of the company in the Superior Court (Androscoggin County, Wheeler, J.) following a jury trial. Baldwin argues that the court erred in instructing the jury on the fiduciary duty of care and, on the nonjury count, erred in finding that he had been unjustly enriched. Because we agree that the jury was improperly instructed, we vacate the jury’s verdict of breach of fiduciary duty and remand this issue for a new trial. We also vacate the portion of the judgment finding…