Shelton v. Kennedy Funding Inc

Filing 227

AMENDED JUDGMENT in favor of Virgil W Shelton in the amount of $675,000 plus punitive damages in the amount of $1,000,000.00, for a total award of $1,675,000.00, plus pre-judgment interest at the rate of 6% and post-judgment interest at the rate of.72% per annum until paid, this interest only to be applied to the $675,000.00 compensatory damages award. Signed by Judge William R. Wilson, Jr on 3/25/09. (bkp)

IN THE UNITED STATES DISTRICT COURT EASTERN DISTRICT OF ARKANSAS WESTERN DIVISION VIRGIL SHELTON v. KENNEDY FUNDING, INC. AMENDED JUDGMENT This action came on for trial March 3, 2009, before the Court and a jury, the Honorable William R. Wilson, Jr., United States District Judge, presiding. The issues having been duly tried, and after deliberating thereon, the jury returned a verdict on March 6, 2009. Now, based on that verdict, judgment is entered in favor of Plaintiff, Virgil Shelton, in the amount of $675,000.00. The jury then deliberated on the issue of punitive damages and found in favor of the Plaintiff, Virgil Shelton, in the amount of $1,000,000.00. Accordingly, Plaintiff is entitled to a total award of $1,675,000.00, plus pre-judgment interest at the rate of 6% and post-judgment interest at the rate of .72% per annum until paid. The pre-judgment interest and post-judgment interest will be applied only to the $675,000.00 compensatory damages award. Attorneys' fees will be determined based on Local Rule 54.1(a). IT IS SO ORDERED this 25th day of March, 2009 (nunc pro tunc to March 9, 2009). 4:02-CV-00632-WRW DEFENDANT PLAINTIFF

/s/ Wm. R. Wilson, Jr._____________ UNITED STATES DISTRICT JUDGE