Kingsley Capital Management v. Brian Sly

672 F. App'x 752

• Court: Court of Appeals for the Ninth Circuit
• Decided: January 5, 2017
• Docket: 14-15325
• Status: Unpublished

Opinion

MEMORANDUM *

Appellants Kingsley Capital Management, LLC and Bruce Paine Kingsley MD IRA Rollover (collectively, Kingsley) challenge the district court’s denial of their motion for new trial and/or motion to alter or amend judgment premised on the jury’s verdict that Appellee Brian Sly was liable for securities fraud under Arizona law, but awarding no damages. Kingsley contends that the district court erred in holding that they could not seek a new trial because they failed to challenge the verdict prior to discharge of the jury.

Although Kingsley was afforded “the opportunity to object before the jury was dismissed,” Kingsley “chose not to raise any objections to the jury’s verdict.” Home Indem. Co. v. Lane Powell Moss & Miller, 43 F.3d 1322, 1331 (9th Cir. 1995). “This constituted a waiver of the objection on appeal.” Id.; see also Philippine Nat’l Oil Co. v. Garrett Corp., 724 F.2d 803, 806 (9th Cir. 1984) (explaining that “a party that failed to object to a no damages verdict at the time it was read waived any future objections to the form of the verdict”).

AFFIRMED.

* This disposition is not appropriate for publication and is not precedent except as provided by 9th Cir. R. 36-3.