Legal Opinion
David T. Jordan v. Clayton Brokerage Company of St. Louis, Inc.
Court of Appeals for the Eighth Circuit
Decided August 20, 1991No. 87-1312PublishedCited by 7 opinions
1Opinion of the Court
HEANEY, Circuit Judge.
Clayton Brokerage Co. of St. Louis, Inc. (Clayton) appeals from the district court’s judgment entered in accordance with a jury verdict awarding David T. Jordan compensatory damages of $7,923.50 and punitive damages of $400,000.00. We affirm.
I. BACKGROUND
On June 30, 1980, Jordan established a commodities futures trading account with Clayton. Prior to that time, Jordan had traded in commodities futures with several other firms and had lost money. Jordan’s account with Clayton remained dormant until December of 1980 when he placed a trade and lost $677.50. Six weeks later,…
2Cases cited5 opinions
- In Re WINSHIPSupreme Court of the United States · 1970
- Bankers Life & Casualty Co. v. CrenshawSupreme Court of the United States · 1988
- Louis W. Wegerer and Judith A. Wegerer v. First Commodity Corporation of BostonCourt of Appeals for the First Circuit · 1984
- Jerry J. Kerr v. First Commodity Corporation of BostonCourt of Appeals for the First Circuit · 1984
- Wheeler v. Community Federal Savings & Loan Assoc.Missouri Court of Appeals · 1985
3Cited by7 opinions
- Kociemba v. G.D. Searle & Co.District Court, D. Minnesota · 1989
- United States v. BertoliDistrict Court, D. New Jersey · 1994
- Derance, Inc., a Wisconsin Not for Profit Corporation v. Painewebber Incorporated, a Delaware Corporation, and Paul SarnoffCourt of Appeals for the Seventh Circuit · 1989
- Stevenson v. J.C. Bradford & Co. (In Re Cannon)United States Bankruptcy Court, W.D. Tennessee · 1999
- David T. Jordan v. Clayton Brokerage Company of St. Louis, Inc.Court of Appeals for the Eighth Circuit · 1992
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