- 10 - amount of damages petitioner received on his fraudulent inducement claim was affected by any personal injuries that he might have suffered. In the USI litigation, the jury awarded petitioner $8.1 million in compensatory fraud damages but only $1 on his breach of contract claim. From this circumstance, petitioners would have us deduce that the entire $8.1 million fraud damages award was for noneconomic, personal injuries. Their argument on supplemental brief is as follows: Clearly, the jury understood Mr. Gregg’s contract claim, but elected to award damages to Mr. Gregg for his personal injury, not any injury to an economic, contract, or property right he possessed. The fact that Mr. Gregg was awarded nominal damages on his contract claim indicates that the jury intended the fraud damages to compensate some other injury. Petitioners’ argument is a non sequitur. Implicit in their argument is an assumption that damages awarded on a fraudulent inducement claim cannot compensate for economic losses--a proposition for which petitioners cite no authority and which, as previously discussed, is contrary to Florida jurisprudence. See HTP, Ltd. v. Lineas Aereas Costarricenses, S.A., supra at 1238; Woodson v. Martin, 685 So. 2d 1240 (Fla. 1996). The fact that the same measure of damages might have been employed under the breach of contract claim does not preclude the tort remedy to recover economic losses. See La Pesca Grande Charters, Inc. v. Moran, 704 So. 2d 710, 712 (Fla. Dist. Ct. App. 1998). It seemsPage: Previous 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 Next
Last modified: May 25, 2011