Schaffer v. Edward D. Jones & Co.

GILBERTSON, Justice.

[¶ 1] Edward D. Jones & Co. (Jones) appeals from a judgment awarding Edward Schaffer punitive damages in the amount of $750,000. Jones also appeals the trial court’s post-trial order denying Jones’ motions for a new trial or, in the alternative, for vacatur or remittitur of the punitive damages award, and for judgment notwithstanding the verdict or, in the alternative, for a new trial. We affirm.

FACTS AND PROCEDURE

This appeal derives from the retrial on the issue of punitive damages following our decision in Schaffer v. Edward D. Jones & Co., 521 N.W.2d 921 (S.D.1994)…