![]() HALO is a large, full-service promotional-products distributor with some 2,000 employees. We affirm in part, reverse in part, and remand to the circuit court for further proceedings. HALO files a cross-appeal, contesting the court’s refusal to grant it a directed verdict on the tortious interference claim, its admission of certain evidence and testimony, and its denial, in part, of the motions for directed verdict and judgment notwithstanding the verdict as to the punitive-damages award. All Star challenges the circuit court’s action as a misstatement and misapplication of the statutory damages cap, § 510.265.1, 2 and to the extent that the circuit court may have reduced the jury’s punitive-damages verdict as a matter of constitutional due process or remittitur. The circuit court reduced the punitive -damages award against HALO to $2,627,709.40. and $12,000 in punitive damages against the employee, as well as $5.5 million in punitive damages against HALO. Doug Ford is not a party to this appeal or cross -appeal. 1 The jury awarded All Star actual damages of $25,541.88 for the employee’s breach of the duty of loyalty and HALO’s civil conspiracy to breach that duty $500,000 in damages for the employee’s and HALO’s tortious interference 1 Former employee Mr. on claims of civil conspiracy to breach the duty of loyalty arising from the conduct of a former employee and ensuing tortious interference with business expectancy. appeals an amended Jackson County Circuit Court judgment reducing the punitive damages awarded by a jury against HALO Branded Solutions, Inc. Torrence, Judge Before Division Two: Lisa White Hardwick, P.J., Thomas H. ) ) ) ) ) ) ) ) ) ) ) WD83327 consolidated with WD83352 OPINION FILED: JanuAppeal from the Circuit Court of Jackson County, Missouri Honorable John M. HALO BRANDED SOLUTIONS, INC., Respondent-Appellant. Beyond growing sales in 2021, HALO aims to complete a transition to a new ERP system that will provide enhanced data integration with suppliers and clients.MISSOURI COURT OF APPEALS WESTERN DISTRICT ALL STAR AWARDS & AD SPECIALTIES INC., Appellant-Respondent, v. PPE business, an eclectic client portfolio, the acquisition of former Top 40 distributor Axis Promotions in January 2020, and significant sales based on employee recognition and rewards all powered HALO’s 2020 performance. An apples-to-apples comparison under the new accounting practice shows that HALO’s 2020 industry sales rose 3.6%, from $739 million to $765.7 million. Had gift card revenue been included in the 2020 tally, HALO’s sales would have been $807 million. In 2020, HALO no longer included the gift card sales in its revenue recognition – an accounting practice that will be followed going forward. In 2019, HALO included revenue from gift cards, for which it serves as a clearing house, in its sales number. That sales decline is also a bit deceiving. After a decades-long gap – and even with a sales decline of 2.7% last year – HALO is once again the largest distributor in the promo industry. Since then, the distributor has embarked on an aggressive growth strategy (including multiple Top 40 acquisitions) that more than tripled its revenue. Just a few years ago, HALO was the fifth largest distributor with revenue above $200 million. Counselor’s exclusive ranking of the distributors with the most revenue in the promo products market. ![]()
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