Kimmel v. Iowa Realty Co., Inc.

CARTER, Justice.

Defendant, Iowa Realty Company, Inc., appeals from a judgment entered upon a jury verdict awarding plaintiffs Harley Kimmel and Anna Kimmel $50,000 in compensatory damages and $150,000 in punitive damages following the trial of their claims of breach of fiduciary duty and fraud against defendant. The transactions involved in the litigation relate to a series of real estate transactions between the plaintiffs and others all of which involved Virginia Hart, a representative of Iowa Realty Company, Inc. (hereinafter Iowa Realty) who was acting as an agent of the plaintiffs. Hart…