Frank Buysse, Cross-Appellee v. Paine, Webber, Jackson & Curtis, Inc., Cross-Appellant

LAY, Chief Judge.

The district court entered judgment in favor of Frank Buysse, a stockbroker employed by Paine, Webber, Jackson & Curtis, Inc. (PWJC), for his role in obtaining business for his employer. PWJC is a stock brokerage and investment banking firm. Buysse has appealed claiming an inadequate award; PWJC has cross-appealed from the judgment made. We vacate the judgment and remand for entry of a modified judgment by the district court.

Buysse began working for PWJC as a stockbroker in 1969. In October, 1971, PWJC formed its Public Finance Department. Shortly thereafter, the company’s…