DELL'OCA v. Bank of New York & Trust Co.

Opinion

STEIN, J.

Plaintiffs Conrad J. Dell’Oca et al. brought suit against a number of defendants, including The Bank of New York Trust Company, N.A. (BNY), seeking damages for investment losses. A jury returned a verdict in favor of plaintiffs against BNY on some, but not all, of their claims. The trial court granted a new trial unless plaintiffs consented to a substantial reduction in damages. Plaintiffs appeal from that order. Plaintiffs also appeal from an order denying their motion for partial judgment notwithstanding the verdict (JNOV), directed at the claims rejected by the jury. BNY…