Opinion ID: 219549
Heading Depth: 2
Heading Rank: 1

Heading: Todd's and Manza's Motions for a New Trial

Text: A district court's decision concerning a motion for a new trial is reviewed for an abuse of discretion. Pape Lift, Inc., 115 F.3d at 680. A motion for a new trial is granted if the verdict is against the `great weight' of the evidence, or `it is quite clear that the jury has reached a seriously erroneous result.' Id. (citation and internal quotation marks omitted). Here, the verdict is not against the great weight of the evidence. The SEC met its burden at trial and proffered sufficient evidence that Todd and Manza knowingly participated in activities that misrepresented Gateway's financial health in 2000. The district court did not abuse its discretion in denying Todd's and Manza's motions for a new trial.