Lexton-Ancira Real Estate Fund v. Heller

We granted certiorari to consider the court of appeals’ opinion in Heller v. Lexton-Ancira Real Estate Fund, 1972, 809 P.2d 1016 (Colo.App.1990), reversing the district court’s order which reduced the jury’s award from $10 million to $6 million. In reinstating the jury’s award, the court of appeals first concluded that awards of compensatory damages on both a common-law claim for misappropriation and a statutory claim for deceptive trade practices under the Consumer Protection Act, §§ 6-1-101 to -115, 2 C.R.S. (1973 & 1991 Supp.) (the “Act”), were not duplicative, and concluded secondly that…