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P0741 An action to determine ownership of corporate stock is equitable in nature, so there is no right to a jury trial, even if a claim for compensatory and punitive damages is included; a jury's verdict in such a matter may be treated as advisory only, so evidence of defendant's financial worth that was not before the jury but was before the court at the time it adopted the jury's verdict may justify an award of punitive damages.
CAIRA v OFFNER (Advisory Verdict) 126 CA4 12 [See: CA Const I, 16; EvC 1152; Saks v Charity Mission 90 CA4 1116, T/AT 8/01; C&K Engineering v Amber 23 C3 1; Adams v Murakami 54 C3 105]
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