E. F. Hutton & Co. v. Weeks

Banke, Judge.

In August of 1979, the plaintiff sued E. F. Hutton & Co., Inc., in trover to recover certain securities which he had purchased for cash several years earlier and which Hutton was holding in his brokerage account. Hutton counterclaimed to recover an alleged interest indebtedness. The case was originally tried in 1981, at which time the jury awarded the plaintiff possession of the stock, general damages in the amount of $45,000, punitive damages in the amount of $100,000, and attorney fees in the amount of $10,750. The stock was returned to the plaintiff pursuant to a court order…