Legal Opinion
David T. Jordan v. Clayton Brokerage Company of St. Louis, Inc.
Court of Appeals for the Eighth Circuit
Decided September 18, 1992No. 91-3606PublishedCited by 9 opinions
1Opinion of the Court
WOLLMAN, Circuit Judge.
Clayton Brokerage Company appeals from a decision of the district court 1 denying Clayton’s motions to vacate the judgment against it and to vacate the punitive damages award. We affirm.
I
David Jordan established a commodity futures trading account with Clayton Brokerage Company (Clayton) in mid-1980. One of the brokers at the firm fraudulently churned the account, resulting in a $7,923.50 actual loss to Jordan and $5,292.00 in commissions to the broker. Jordan sued, claiming breach of fiduciary duty, fraudulent misrepresentation, and violation of the Commodity Exchange…
2Cases cited11 opinions
- Pacific Mutual Life Insurance v. HaslipSupreme Court of the United States · 1991
- Browning-Ferris Industries of Vermont, Inc. v. Kelco Disposal, Inc.Supreme Court of the United States · 1989
- Darla G. Hall, Patty J. Baxter and Jeannette Ticknor v. Gus Construction Co., Inc. And John MundorfCourt of Appeals for the Eighth Circuit · 1988
- Jackson Warren v. City of Lincoln, Nebraska James Breen Sandra L. Myers and David M. BeggsCourt of Appeals for the Eighth Circuit · 1989
- Jerry J. Kerr v. First Commodity Corporation of BostonCourt of Appeals for the First Circuit · 1984
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3Cited by9 opinions
- Stuart v. StuartSupreme Court of Connecticut · 2010
- Johnson v. Paynesville Farmers Union Cooperative Oil Co.Supreme Court of Minnesota · 2012
- Vaughn v. Northwest Airlines, Inc.Supreme Court of Minnesota · 1997
- Stevenson v. J.C. Bradford & Co. (In Re Cannon)United States Bankruptcy Court, W.D. Tennessee · 1999
- DIRECTV, INC. v. BarrettDistrict Court, D. Kansas · 2004
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