From Casetext: Smarter Legal Research

Kingsley Capital Mgmt., LLC v. Sly

UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT
Jan 5, 2017
No. 14-15325 (9th Cir. Jan. 5, 2017)

Opinion

No. 14-15325

01-05-2017

KINGSLEY CAPITAL MANAGEMENT, LLC, an Arizona limited liability company; BRUCE PAINE KINGSLEY MD IRA ROLLOVER, Plaintiffs - Appellants, v. BRIAN NELSON SLY; BRIAN SLY AND COMPANY, INC., a California corporation, successor in interest to Brian Sly and Company; BRIAN SLY AND COMPANY, a California sole proprietorship; CHARLES J. ANTONUCCI, Sr.; THOMAS J. BEAN; THOMAS CUNNINGHAM; HEATHER D. CUNNINGHAM; ACCREDITED INVESTOR RESOURCES, LLC; WILBUR ANTHONY HUFF; SHERRI HUFF, Defendants - Appellees.


NOT FOR PUBLICATION

D.C. No. 2:10-cv-02243-NVW MEMORANDUM Appeal from the United States District Court for the District of Arizona
Neil V. Wake, District Judge, Presiding Argued and Submitted March 17, 2016 San Francisco, California Before: W. FLETCHER, RAWLINSON, and HURWITZ, Circuit Judges.

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

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.


Summaries of

Kingsley Capital Mgmt., LLC v. Sly

UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT
Jan 5, 2017
No. 14-15325 (9th Cir. Jan. 5, 2017)
Case details for

Kingsley Capital Mgmt., LLC v. Sly

Case Details

Full title:KINGSLEY CAPITAL MANAGEMENT, LLC, an Arizona limited liability company…

Court:UNITED STATES COURT OF APPEALS FOR THE NINTH CIRCUIT

Date published: Jan 5, 2017

Citations

No. 14-15325 (9th Cir. Jan. 5, 2017)