Louis W. Wegerer and Judith A. Wegerer v. First Commodity Corporation of Boston
Court of Appeals for the First Circuit
1Opinion of the Court
BARRETT, Circuit Judge.
First Commodity Corporation of Boston (FCCB), Donald R. Schleicher, and his brother, Richard A. Schleicher (Appellants) appeal from an adverse jury verdict and remittitur judgment entered in favor of Louis and Judith Wegerer (Wegerers). The Wegerers were awarded $10,775.00 in actual damages and $250,000.00 in punitive damages on a finding that appellants and one Robert Jones,1 a former account executive for FCCB, conspired to defraud the *721Wegerers in the sale of two copper commodity option contracts. The evidence presented at trial was developed exclusively by the…
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