Hoggett v. Brown

OPINION

LEE, Justice.

This appeal involves a dispute between the shareholders of Telescan, Inc., a company that provided computer access to stock market information. Derek Hoggett, appellant, sued his fellow shareholders and various other individuals and entities associated with them, appellees, claiming Telescan’s merger with another company was fraudulent and violated their shareholders agreement. The jury found in favor of Hoggett and awarded him $2.6 million in actual and exemplary damages. Following the verdict, the trial court disregarded the jury findings and entered judgment for…