![]() ![]() The Court of Appeal reversed, holding that “no admissible evidence suggested that would or could have sold” his stake “for more than the $3.6 million he received.” The Court also affirmed orders awarding attorney’s fees after the client’s landmark anti-SLAPP victory in the California Supreme Court. The client moved for judgment notwithstanding the verdict, arguing that the expert’s testimony was impermissibly speculative, but the trial court denied the motion. If the motion for judgment notwithstanding the verdict is denied, the party who prevailed on that motion, as respondent, may assert grounds entitling the party. It is firmly established that verdicts ought. A jury awarded $2.5 million in compensatory damages and $1 million in punitive damages. We first consider whether the trial court erred in denying the motion for a judgment notwithstanding the verdict. What exactly does that mean It means at the end of the trial when the jury comes. The motion for judgment notwithstanding the verdict tests the sufficiency of the evidence in just the same way as does the motion for directed verdict at. After the sale closed, an investor who had received $3.6 million for his share sued the client for fraud and breach of fiduciary duty, claiming that he had forced the sale against the investor’s will.Īt trial, the investor’s damages expert relied on speculative, unsupported growth projections and testified that if the business had not been sold, it would have grown dramatically. JNOV are initials for a latin phrase known as judgment non-obstante verdicto. GMSR’s client and his co-investors agreed to sell their accounting software business.
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