Grace M. Kapelanski and Stanley J. Kapelanski v. Scott Johnson

WILLIAMS, Circuit Judge.

Stanley J. Kapelanski, a Chicago area dentist, and his wife and office manager, Grace M. Kapelanski, brought this action in diversity for common law fraud and breach of fiduciary duty under Illinois law, against the defendant, Scott Johnson, a businessman based in Florida. The Kape-lanskis sought to recover monies they had conveyed to Johnson in a series of investments that included an “Off-Shore Trading Program” and the purchase of automatic teller machines for leasing. After trial, the jury found in favor of the plaintiffs and awarded them compensatory and punitive…