Vaughan Morrill, Jr., Appellee/cross-Appellant v. Becton, Dickinson and Company, Appellant/cross-Appellee

McMILLIAN, Circuit Judge.

Becton, Dickinson & Co. (B-D), a New Jersey corporation, appeals from a final judgment entered against it in the district court 1 in the amount of $3,000,000 actual damages and $20,000,000 punitive damages. Judgment was entered on jury verdicts in favor of Vaughan Morrill, Jr., an inventor and resident of Missouri, in his action for unpaid royalties due under patent license agreements and for actual and punitive damages for fraud. The jury awarded Morrill $2,125,000 actual damages on the breach of contract claim and $3,000,-000 actual damages on the fraud claim. On…