Legal Opinion

Parisi v. Miranda

District Court of Appeal of Florida

Decided July 22, 2009No. 4D08-2110PublishedCited by 3 opinions

1Opinion of the CourtStevenson, J.

Richard Parisi appeals a final judgment entered pursuant to a jury verdict awarding Michael Miranda, individually, $784,000 for the value of his shares of stock and awarding Island Shores Homes, Inc., derivatively, $950,000 for funds improperly removed from that corporation. We affirm the derivative award without discussion. However, we reverse the individual award as contrary to the manifest weight of the evidence and remand for a new trial as to individual damages.

In October 2003, Parisi and Kevin Kelly formed Island Shores Homes, Inc., in order to enter the residential real estate and home…

2Cases cited9 opinions

  1. Brown v. Estate of StuckeySupreme Court of Florida · 1999
  2. Morgan Stanley & Co. v. Coleman HoldingsDistrict Court of Appeal of Florida · 2007
  3. Teca, Inc. v. WM-Tab, Inc.District Court of Appeal of Florida · 1999
  4. Izquierdo v. Gyroscope, Inc.District Court of Appeal of Florida · 2007
  5. Merrill Lynch, Pierce, Fenner & Smith, Inc. v. AndersonDistrict Court of Appeal of Florida · 1986

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3Cited by3 opinions

  1. Fasani v. KowalskiDistrict Court of Appeal of Florida · 2010
  2. Levy v. Ben-ShmuelDistrict Court of Appeal of Florida · 2018
  3. Fetterman & Associates, P.A. v. FriedrichDistrict Court of Appeal of Florida · 2011

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