Walford v. Blinder, Robinson & Co., Inc.

Opinion by

Judge DAVIDSON.

In this malicious prosecution action, defendant, Blinder, Robinson & Co., Inc. (Blinder) appeals the judgment entered on a jury verdict and the assessment of damages against it. Plaintiffs, Walford, De-maret & Co. (Demaret), and Donald L. Wal-ford, cross-appeal the trial court’s remit-titur of the jury’s punitive damages award. We affirm the judgment with respect to defendant’s liability and reverse the trial court’s grant of remittitur.

At the time of the events giving rise to this suit, Blinder and Demaret were both penny stock brokerage firms, Blinder being one of…