Independent Business Forms, Inc. v. A-M Graphics, Inc. A-M International Harris Graphics, a Division of A-M Graphics

LAY, Circuit Judge.

This appeal involves a claim of fraud arising from the sale and purchase of two printing presses. The purchaser of the presses, Independent Business Forms, Inc., a Missouri corporation, (hereinafter referred to as “Independent”) brought this suit against the sellers, A-M Graphics, Inc., A-M International, and Harris Graphics, a division of AM Graphics, (collectively hereinafter referred to as “AM-G”). Independent recovered a judgment in district court in the amount of $285,000 in compensatory damages and $1,000,000 in punitive damages. The trial court granted AM-G’s…