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HomeMy WebLinkAbout2021-cv-2063 - City of Fort Collins v. Open International, et al. - 353 - City Response Mot for New TrialIN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Civil Action No.: 21-cv-02063-CNS-SBP CITY OF FORT COLLINS, Plaintiff/Counterclaim Defendant, v. OPEN INTERNATIONAL, LLC Defendant/Counterclaim Plaintiff, and OPEN INVESTMENTS, LLC, Defendant. CITY OF FORT COLLINS’ RESPONSE TO DEFENDANTS’ MOTION FOR NEW TRIAL UNDER RULE 59(a) AND TO ALTER OR AMEND JUDGMENT UNDER RULE 59(e) AND RULE 52 [DKT 347] Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 1 of 28 1 INTRODUCTION After more than two years of litigation leading to a unanimous jury verdict in favor of the City of Fort Collins (“the City”), Defendants Open International, LLC and Open Investments, LLC (jointly, “Open”) ask this Court to set aside the credibility decisions of a legitimately empaneled jury for extraordinary relief in the form of a new trial, or, alternatively, an altered or amended judgment. Open’s arguments in support of its Motion, however, primarily consist of recycled, previously rejected arguments concerning the City’s timely election of remedies, rescission amounts, and theories that were waived or defy Tenth Circuit law, evidentiary standards, and this Court’s prior rulings. Open’s Motion is an attempt to subvert justice by denying what a jury found after hearing all the evidence. During trial, numerous Open witnesses admitted to making statements during the RFP process which amounted to knowing misrepresentations of the functionalities of Open’s software in order to induce the City to enter into a relationship with Open, as Open’s first North American client. The jury’s verdict saw through Open’s weak defenses and held Open accountable for fraud. Open is experiencing the consequences of its actions, not undue prejudice. Open’s Motion for a new trial or altered judgment should be denied for seven reasons. First, despite an opportunity to object and/or seek clarification on the jury’s verdict prior to the jury’s discharge, Open chose not to. Now, after the jury has long been excused from its obligation, Open asks this Court to strike the verdict, pointing to Fed. R. Civ. P. 59(e). Open, however, waived its right to seek such relief because it failed to object to the verdict and/or seek clarification while the jury was still impaneled. Moreover, even if it had Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 2 of 28 2 not waived its right, Open has not met its burden in showing that the jury’s verdict was the result of plain error. While the trial court has a duty to attempt to reconcile the verdict of a jury to avoid a retrial, in deference to the jury, the court must accept any reasonable explanation that reconciles the verdict. Heno v. Sprint/United Mgmt. Co., 208 F.3d 847, 852 (10th Cir. 2000). Here, the determination by the jury is consistent with the evidence presented and Open’s attempt to speculate as to what order the jury made its findings are improper. This is particularly true since the facts supporting the City’s fraudulent inducement claim can be different from its misrepresentation claim and, in any event, neither the Court nor the parties can (or needs to) determine what specific facts the jury relied on in reaching its verdict. Second, as this Court has held on several prior occasions, the City timely elected to rescind the parties’ agreement due to Open’s fraud. In any event, the City did not need to elect its remedy sooner as all of the same evidence required to support the City’s fraudulent inducement claim would nonetheless have been presented to support the City’s fraud defense to Open’s breach of contract claim. Further, Open has not met its burden in proving that there was any prejudice or juror confusion. Third, the Court, in its discretion, properly handled juror questions regarding the different knowledge requirement between fraudulent inducement and negligent misrepresentation. The instructions accurately stated the law and provided the jury with a clear understanding of the issues that needed to be resolved. Again, it is not for Open or the Court to speculate as to the jury’s thoughts and any attempt to do so is improper. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 3 of 28 3 Fourth, Open is not entitled to removal of Open Investments from the judgment under Fed. R. Civ. P. 52 or 59. As an initial matter, neither Rule 52 nor 59 motions are a proper basis to raise sufficiency of the evidence arguments, which are at the core of Open’s arguments. Open long ago waived any argument that Open Investments cannot be liable to the City. Open never once argued that Open Investments’ liability for the fraudulent inducement claim (or any other claim) could only be due to the guarantee provision of the parties’ agreement. Further, Open’s belated argument that “Open Investments was made a party-defendant solely because of its role as the guarantor of Open International” (ECF No. 347 at 20-21) is clearly disputed and contrary to the evidence and jury verdict. There was sufficient evidence that “Open”—consisting of both Open entities as agreed to by the parties and as instructed by the Court—made misrepresentations to the City in order to defraud and induce the City into entering into agreements. Fifth, the Court properly denied Open’s affirmative defense of laches. Importantly, contrary to Open’s assertions, the City did not delay by bringing this suit in July 2021. Indeed, the City did not even have the requisite “full knowledge” as to Open’s fraud until discovery in this action when Open disclosed, for the very first time, its internal assessment showing that its product actually only met 59.4% of the City’s required functionalities, despite claiming that its product met 90% of the functionalities as “A” and part of the base system. See T.E. 74. In any event, there is no evidence that such a defense would have changed any subsequent findings by the Court. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 4 of 28 4 Sixth, Open is not entitled to an amended judgment under Fed. R. Civ. P. 52 because the City is entitled to reimbursement for amounts it paid to third-party consultants and the amount for the reasonable value of services that it incurred because of Open’s fraud. Importantly, rescission is an equitable remedy meant to “restore the conditions existing before the agreement was made”. See Trimble v. City & Cty. of Denver, 697 P.2d 716, 723 (Colo. 1985). Here, these amounts are the natural and proximate result of Open’s fraudulent conduct and are necessary to restore the City to its position prior to Open’s fraud. Relatedly, the Court did not find that the City was not entitled to the amount for services it incurred between January 15 and June 15, 2021. The City asserts that this amount should have been included in the judgment and thus, the judgment amount is accurate and should not be altered. Moreover, Open’s own damages expert agreed that the City is entitled to these categories. Additionally, Open is not entitled to any setoff. Open caused its own purported uncompensated loss by fraudulently inducing the City into the agreements. Seventh, the City is entitled to prejudgment interest from the date of Open’s fraudulent conduct and not when it filed its Complaint. See Arguelles v. Ridgeway, 827 P.2d 553, 558 (Colo. App. 1991) (holding that prejudgment interest accrued from date defendant fraudulently induced plaintiff to sign a real estate contract). Accordingly, the Court should deny Open’s Motion in its entirety. LEGAL STANDARD Rule 59(a): “In ruling on a motion for a new trial, the trial judge has broad discretion.” McHargue v. Stokes Div. of Pennwalt Corp., 912 F.2d 394, 396 (10th Cir. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 5 of 28 5 1990) (citation omitted). A motion for a new trial is “generally not regarded with favor,” and is “granted only with great caution.” Nosewicz v. Janosko, 857 F. App’x 465, 468 (10th Cir. 2021) (citing United States v. Perea, 458 F.2d 535, 536 (10th Cir. 1972)). It is inappropriate to grant a new trial “unless it is reasonably clear that prejudicial error has crept into the record or that substantial justice has not been done, and the burden of showing harmful error rests on the party seeking the new trial.” Id. (quoting 11 Charles Alan Wright & Arthur R. Miller, Federal Practice & Procedure § 2803); see also Burke v. Regalado, 935 F.3d 960, 1026 (10th Cir. 2019) (noting that a district court abuses its discretion in Rule 59(a) context “if it [makes] a clear error of judgment or exceed[s] the bounds of permissible choice in the circumstances.”) (quotations omitted). Further, when “a new trial motion asserts that the jury verdict is not supported by the evidence, the verdict must stand unless it is clearly, decidedly, or overwhelmingly against the weight of the evidence.” Ryan Dev. Co. v. Indiana Lumbermens Mut. Ins. Co., 711 F.3d 1165, 1172 (10th Cir. 2013). In making this determination, the Court must consider “the evidence in the light most favorable to the prevailing party, bearing in mind that the jury has the exclusive function of appraising credibility, determining the weight to be given to the testimony, drawing inferences from the facts established, resolving conflicts in the evidence, and reaching ultimate conclusions of fact.” Nosewicz v. Janosko, 2020 WL 4041457, at * 5 (D. Colo. July 17, 2020) (quoting Snyder v. City of Moab, 354 F.3d 1179, 1188 (10th Cir. 2003). Rule 59(e) and Rule 52(b): “A Rule 59(e) motion to alter or amend the judgment should be granted only to correct manifest errors of law or to present newly Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 6 of 28 6 discovered evidence.” Phelps v. Hamilton, 122 F.3d 1309, 1324 (10th Cir. 1997) (quotations omitted). Further, a Rule 59 motion is not meant to be a vehicle “to revisit issues already addressed or advance arguments that could have been raised” but were not. Servants of Paraclete v. Does, 204 F.3d 1005, 1012 (10th Cir. 2000). Similarly, the purpose of a Rule 52(b) motion is “to correct manifest errors of law or fact, or, in some limited situations, to present newly discovered evidence.” Lyons v. Jefferson Bank & Tr., 793 F. Supp. 989, 991 (D. Colo. 1992). And like a Rule 59(e) motion, it should not be employed “to introduce new evidence that was available at the time of trial but was not proffered, to advance new theories, or to secure a rehearing on the merits.” Id. ARGUMENT I. Open Is Not Entitled to a New Trial. A. Open Waived its Objections to Any Purported Inconsistencies in the Jury’s Verdict and, In Any Event, the Jury’s Verdict is Consistent. Open initially argues that the jury’s verdict contains an internal inconsistency requiring a new trial because the jury found against Open’s waiver defense for fraudulent inducement, but found in favor of Open’s waiver defense for negligent misrepresentation. There is, however, nothing inconsistent with the jury’s verdict that justifies a retrial. Open Waived: When a jury returns its verdict, a party that believes the verdict is inconsistent must object before the jury is discharged. See Bartee v. Michelin N. Am., Inc., 374 F.3d 906, 911 (10th Cir. 2004). If the party fails to do so, it has waived the issue “unless the verdict is inconsistent on its face such that the entry of judgment upon the verdict is plain error.” Id. (quotation omitted). Plain error exists only when verdicts are inconsistent on their face. Diamond Shamrock Corp. v. Zinke & Trumbo, Ltd., 791 F.2d Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 7 of 28 7 1416, 1424 (10th Cir. 1986). However, as is the case here, a “verdict that resolves separate and distinct causes of action in favor of both parties is not inconsistent on its face.” Id. at 1424-25. This rule protects the fair and expeditious correction of error by allowing a court to resubmit the verdict to the jury for clarification. Id. at 1422. It requires that any alleged inconsistency be corrected in the proceeding in which it is made, by the jury that made it. Id. “Any other decision would hamper the just and efficient operation of federal courts. It would encourage jury-shopping by litigants, permitting them to decide whether to take their chances on resubmitting the verdict and findings to the jury sitting or remain silent thereby allowing the entry of judgment and moving for a new trial before a new jury . . . .” Id. (quoting Cundiff v. Washburn, 393 F.2d 505, 506-07 (7th Cir. 1968)).1 Here, Open did not object to the verdict before the Court released the jury. There can be no dispute that Open had the opportunity to do so, but it chose not to object to the verdict. Indeed, immediately following the City’s election of rescission, the Court provided Open with an opportunity to raise any objections before bringing the jury back to the courtroom to discharge them, but Open raised no objections. Trial Tr. at 2091:7-16. The 1 Any argument that the verdict was a special verdict because it required the jury to opine on Open’s affirmative defenses and, thus, any inconsistency argument could not be waived, is without merit. Zhang v. Am. Gem Seafoods, Inc., 339 F.3d 1020, 1031 (9th Cir. 2003) (“In addition to the ultimate legal conclusion in a case, a jury may make legal conclusions as to subsidiary issues, such as affirmative defenses, or the amount of damages owed, which are neither findings of fact nor quite ‘verdicts.’ Such answers are similar in kind to general verdicts, because they require application of the law to the facts . . . .”). Further, a “party who fails to bring to the trial court's attention ambiguities created by jury instructions or special verdict forms may not seek to take advantage of such ambiguities on appeal." Kenworthy v. Conoco, Inc., 979 F.2d 1462, 1468 (10th Cir. 1992) (finding waiver where party did not object to either the jury instruction or the special verdict form and did not seek clarification of the verdict before the jury was dismissed). Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 8 of 28 8 Court also provided another opportunity for any motions after discharging the jury and again, Open raised no objections. See id. at 2093:2-12. For this reason alone, the Court should deny Open’s request for a new trial. The Verdict is Not Inconsistent: The Tenth Circuit does not “lightly” grant new trials based on supposed inconsistencies in a jury verdict. See Johnson v. Ablt Trucking Co., 412 F.3d 1138, 1143 (10th Cir. 2005). The law is just the opposite: To protect the jury’s function, courts must “reconcile the jury’s findings, by exegesis if necessary” before they are “free to disregard” a jury’s verdict and order a new trial. Id. (quoting Gallick v. Baltimore & Ohio R. Co., 372 U.S. 108, 119 (1963)). Courts must accept “any reasonable explanation that reconciles” a jury’s verdict in determining whether the verdict is inconsistent. Domann v. Vigil, 261 F.3d 980, 983 (10th Cir. 2001). A jury’s verdict is “irreconcilably inconsistent” where its answers are “logically incompatible, thereby indicating that the jury was confused or abused its power.” Johnson, 412 F.3d at 1144 (quotations omitted). “If there is any plausible theory that supports the verdict, the reviewing court must affirm the judgment.” Romero v. Helmerich & Payne Int’l Drilling Co., 768 F. App’x 838, 844 (10th Cir. 2019); see also Harvey v. Gen. Motors Corp., 873 F.2d 1343, 1347-48 (10th Cir. 1989) (courts “must attempt to reconcile rather than look for inconsistency in verdicts when such a question arises”). Movants bear the burden of showing that any verdict inconsistency demonstrates that the jury was confused or abused its power. Domann, 261 F.3d at 983.2 2 Open’s reliance on Global Van Lines, Inc. v. Nebeker, 541 F.2d 865, 868 (10th Cir. 1976) to claim that a new trial must be granted is unavailing particular since in that case, the Tenth Circuit denied a request for a new trial. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 9 of 28 9 Here, Open asserts that the jury’s finding of waiver in favor of Open regarding the City’s negligent misrepresentation means that the jury’s verdict was “inconsistent” because it did not also find in Open’s favor for waiver on the City’s fraudulent inducement. The jury’s verdict is not inconsistent. At a fundamental level, Open ignores that the City showed that Open engaged in a wide variety of misleading behavior that could serve as logically distinct bases for each claim. Instead, Open claims that the only difference related to time. That is not accurate. The City’s fraudulent inducement claim was based on Open’s false statements that it intentionally made to the City during the RFP process. Open knowingly provided the City grades for its product through the functional matrix, which were contradicted by Open’s internal documentation, to induce the City to enter into an agreement with Open. See Trial Tr. at 2012:17-2013:6. Specifically, in responding to the RFP and grading the functionalities of its OSF product into the functional matrix, Open graded approximately 89.7% of the required functionalities “A”—or as already existing in the current system. See generally T.E. 5. Open admitted that the City would rely on Open’s grading and that in turn, the City did so. See Trial Tr. at 2013:7-2014:11. These grades, however, were false and it is plausible and logical that the jury did not find that the City waived this claim, particularly since the City did not have knowledge of Open’s false representations until the spring of 2021, when it conducted a functional matrix review. See id. at 182:24-183:14, 201:5-10 (testifying that realization that Open made a misrepresentation about its product “was a gradual process” and that “the TMG report and functional matrix work was the point in time where [he] said I think we may have gotten swindled”); see also id. at 633:7- Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 10 of 28 10 634:10 (Ms. Walder’s description of the functional matrix review and testimony that the results of that review were “[a]stonishing” because after years of working with Open, “only several hundred [functionalities]. . . were accepted and passed in testing” and “the system was not working” and “could not bill”). In fact, the City did not even obtain the requisite “full knowledge” as to Open’s fraud until the discovery in this action when Open disclosed, for the very first time, its internal assessment showing that its system actually only met 59.4% of the City’s required functionalities when Open responded to the RFP falsely representing that its product met 90% of the functionalities as “A” and part of the base system. See T.E. 74; see also Trial Tr. at 1419:2-4 (Mr. Parrott admitting that no one at Open had told the City about this internal grading). On the other hand, the City’s negligent misrepresentation claim logically maps to Open’s misrepresentation of the version of its product. In particular, Open was negligent in telling the City what version of its product it was implementing by making contradicting statements throughout its RFP response. For example, Open (falsely) stated that “version 8 was released in 2017.” T.E. 5 at 312. It is possible, however, that the jury found that the City waived this claim based on Open’s testimony that version 8 was released in 2019 (and evidence that the City was aware of the release). In other words, even though Open negligently misrepresented the version of its product during the RFP process, the jury may have found that the City came to learn of the actual version being implemented before 2021. This just one example of a plausible reconciliation of the alleged inconsistency. There may be others, but one is all that is required to deny Open’s Motion. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 11 of 28 11 Romero, 768 F. App’x at 844 (“If there is any plausible theory that supports the verdict, the reviewing court must affirm the judgment.”). Additionally, contrary to Open’s repeated insistence, the Court cannot speculate as to what happened in the jury room and which facts they relied on for which claim. See, e.g., Yeager v. United States, 557 U.S. 110, 122 (2009) (“A contrary conclusion would require speculation into what transpired in the jury room. Courts properly avoid such explorations into the jury’s sovereign space . . . and for good reason. The jury’s deliberations are secret and not subject to outside examination.”) (citations omitted). Accordingly, the verdict and relevant findings do not suggest, let alone establish, that the jury’s verdict was “logically incompatible.” Rather, there is more than reasonable explanation that shows the verdict and relevant findings of the jury to be consistent, especially since the City’s claims were based on multiple different misrepresentations.3 B. The Court Properly Allowed the City to Elect its Remedy After the Jury’s Verdict on the City’s Claims for Fraudulent Inducement and Negligent Misrepresentation. Despite the Court’s previous findings, Open again argues that the Court should have required the City to elect its remedy before trial and thus, a new trial is now 3 Open also speculates that the jury first found waiver as to the negligent misrepresentation claim and the fraudulent inducement claim. There is, however, absolutely no evidence of the timing of the jury’s findings and thus, the Court should ignore such argument altogether. See Midwest Underground Storage, Inc. v. Porter, 717 F.2d 493, 501 (10th Cir. 1983) (“[I]t is well settled that a verdict will not be upset on the basis of speculation as to the manner in which the jurors arrived at it.”); Howard D. Jury, Inc. v. R&G Sloane Mfg. Co., 666 F.2d 1348, 1352 (10th Cir. 1981) (“[T]his Court will not invalidate a jury verdict on the basis of plaintiff's guesswork as to the manner in which the jurors arrived at that verdict.”). The Court need not speculate on the jury’s process and certainly should not accept Open’s speculation. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 12 of 28 12 warranted. In support, Open asserts that the trial was “plagued” because the jury was presented with evidence of the City’s contractual damages and that the bifurcated trial caused jury confusion. Both arguments lack merit. “Election of remedies is a harsh doctrine which should not be unduly extended.” In re Centrix Fin., LLC, 2019 WL 4242667, at *2 (D. Colo. Sept. 6, 2019); see also Est. Couns. Serv., Inc. v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 303 F.2d 527, 530 (10th Cir. 1962) (cautioning that the election of remedies doctrine is “disfavored,” and that “the court should be sensitive to equitable principles” in applying the doctrine)). An election of remedies complaint is a poor basis for a new trial because, as this Court previously stated and as Open admits, the timing of a party’s election of remedies is “up to the sound discretion of the trail court.” ECF No. 255 at 4 (citing Cross Country Land Servs., Inc. v. PB. Telecomms., Inc., 276 F. App’x 825, 832 (10th Cir. 2008)). The Court prudently exercised its discretion. An early election before trial would not have impacted the issues that were presented at trial. Rather, based on the claims and affirmative defenses in the case, the City was required to produce essentially the same evidence regardless of whether the Court compelled an early election. Specifically, as the City pointed out in earlier briefing on this issue, “Open has a remaining counterclaim for breach of contract, . . . and the City has affirmative defenses of fraud and prior material breach that mirror its affirmative claims of fraud and breach of contract” (ECF No. 233 at 5). Even if the City was forced to elect among its proposed rescission- and damages-based remedies before trial (and elected rescission), it still would have needed to present evidence of Open’s alleged fraud and misrepresentations to defend Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 13 of 28 13 against Open’s breach-of-contract counterclaim. Specifically, all of the City’s arguments regarding Open’s pre-contract misrepresentations in the functional matrix and RFP that support fraud and negligent misrepresentation were also relevant to breach of contract since they supported the City’s affirmative defenses to Open’s contract claim. Open’s reliance on the testimony of Ronald Seigneur, the City’s damages expert, as a purported reason for the trial being “plagued” as a result of the later election of remedies lacks merit. First and foremost, Open wanted Mr. Seigneur to testify as to rescission damage amounts, despite the City’s insistence that presentation of such evidence could potentially cause problems on appeal. See Trial Tr. at 848:3-853:9. Mr. Seigneur did not testify as to rescission damages. Rather, during a two-week trial, he testified regarding potential breach of contract damages for only 3 hours and 12 minutes, (including cross-examination by Open). ECF No. 279. In other words, the jury had no idea as to any rescission amount sought by the City and thus, could not have been “plagued” by any testimony regarding amounts. This is further emphasized by the fact that Open provides no support for this proposition. 4 Moreover, any purported jury confusion is purely speculative and the Court cannot upset the jury verdict based on such speculation. See Howard D. Jury v. R & G Sloane 4 Open’s reference to a “compromise verdict” is also without merit. A "compromise verdict" is one in which "the jury, unable to agree on liability, compromises that disagreement and enters a low award of damages." Shugart v. Cent. Rural Elec. Co-op., 110 F.3d 1501, 1505 (10th Cir. 1997) (citing National R.R. Passenger Corp. v. Koch Indus., Inc., 701 F.2d 108, 110 (10th Cir.1983)). Here, there was no close question of liability as the jury found Open liable as to both fraudulent inducement and negligent misrepresentation. See ECF No. 295. Further, there was no issue as damages as the Court separately handled the rescission award. Simply, there is no compromise verdict. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 14 of 28 14 Mfg. Co., 666 F.2d 1348, 1351 (10th Cir. 1981) (“a verdict will not be upset on the basis of speculation” about possible jury confusion). The juror question cited by Open in its Motion (ECF No. 347 at 17) reveals no confusion. Indeed, Open fails to even identify what the confusion may have even been. Rather, a close look at the question, and the surrounding testimony that Open fails to cite to, simply shows that the juror was clarifying whether the jury can potentially address the fraudulent inducement claim or negligent misrepresentation in different order or if they are potentially unable to come to a decision as to one claim or another. See Trial Tr. at 2056:13-2057-20. In other words, this question had nothing to do with election of remedies by the City between its tort claims and contract claims. Additionally, as the Court previously held, “Open’s concern regarding the potential for jury confusion or an award of duplicative remedies may be mitigated with the submission of appropriate, carefully crafted jury instructions.” ECF No. 255 at 7. Open had every opportunity to submit carefully crafted jury instructions, and in fact did so, including through lengthy discussions during the Charge Conference. Had Open genuinely believed that the jury was confused, it could have moved for a mistrial or requested that Judge Sweeney take additional corrective action beyond the instructions to which it agreed. Open did not do so.5 That the jury subsequently ruled against Open does not necessitate a new trial. See United States v. Taylor, 514 F.3d 1092, 1096 (10th 5 Even if there was any confusion, which there was not, a new trial is required only in rare cases where the jury’s answer or action is truly logically incompatible. In other words, a jury’s verdict may not be overturned merely because “the jury's resolution of different questions in the case difficult, though not impossible, to square.” See Johnson, 412 F.3d at 1144. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 15 of 28 15 Cir. 2008) (denying appeal where the court gave a curative instruction and defense counsel neither objected to the curative instruction nor moved for a mistrial). Accordingly, Open’s Motion should be denied to the extent it seeks a new trial based on any purported delay in the City’s election of remedies. C. Contrary to Open’s Assertions, the Court Adequately Instructed the Jury on the Applicable Law. Open’s attempt to re-argue instructions that were properly rejected to obtain a new trial should be denied. In particular, Open’s assertion that the Court’s instructions in response to juror questions regarding the difference between fraudulent inducement and negligent misrepresentation somehow “short-circuited” the elements of each charge is misleading and far-fetched. The “admission or exclusion of a particular jury instruction is left to the sound discretion of the trial court.” Coletti v. Cudd Pressure Control, 165 F.3d 767, 771 (10th Cir. 1999). Instructions do not need to be “faultless in every way.” Durflinger v. Artiles, 727 F.2d 888, 895 (10th Cir. 1989). Rather, they merely must ensure the jury understood the issues and its role in deciding the issues. Id. Further, the “sufficiency of the instructions is not determined by giving or not giving particular instructions, but rather by viewing the instructions as a whole.” Richards v. Attorneys’ Title Guar. Fund, Inc., 866 F.2d 1570, 1575 (10th Cir. 1989). A judge may properly refuse to give a particular instruction if it reflects “an abstract statement of the law unrelated to the facts of the case” or “if the point of law it refers to is fairly and adequately otherwise covered by the instructions.” United States v. Pena, 930 F.2d 1486, 1492 (10th Cir. 1991) (internal citation and quotation omitted). Ultimately, the court “uphold[s] the judgment in absence of substantial doubt Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 16 of 28 16 that the jury was fairly guided.” United States v. Magleby, 241 F.3d 1306, 1310 (10th Cir. 2001) (internal citation and quotation omitted). Here, there is absolutely no evidence that the jury was misguided by the Court’s instructions in response to the questions presented during the second day of deliberations. The questions presented were clear that the jury had questions regarding the knowledge requirement for fraud and negligent misrepresentation. While Open wished for the Court to provide a “comparison” instruction and a new instruction re-writing the already agreed to instructions, including elements contrary to Colorado law (see Trial Tr. at 2065:11-16; 2072:24-2075:1), the Court, in its discretion, decided to provide the jury with clarification of the differences in the knowledge requirement between the two claims—which is exactly what the questions asked for. See ECF No. 293; see also Trial Tr. at 2075:8-2079:12. Most importantly, the Court accurately provided the knowledge requirement for fraud and for negligent misrepresentation based on Colorado law. See id. Open’s assertions that the Court somehow “short-circuited” Open’s affirmative defenses by leading the jury to believe that once they determined the knowledge requirement they could ignore the other elements of the claims is fiction. The Court specifically referred the jurors back to Instruction 21 (id. at 2077:2-9), which included all of the elements for negligent misrepresentation, and the Court further instructed the jury to go back and “to continue [their] journey through the jury instructions.” Id. at 2079:4-12.6 6 To the extent that Open argues that the Court erred by refusing to explicitly state that certain instructions concerning Open’s affirmative defenses applied to both claims, such argument should be rejected as it was not necessary. See Morrison Knudsen Corp. v. Fireman's Fund Ins. Co., 175 F.3d 1221, 1231 (10th Cir. 1999). And in any event, the Court reminded the jury that the “affirmative defenses apply to both claims.” Trial Tr. at Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 17 of 28 17 In short, the Court adequately instructed the jury and a new trial is not warranted. II. Open is Not Entitled to An Amended or Altered Judgment. A. The Court Should Not Remove Open Investments from the Judgment. Open once again argues that the judgment as to Open Investments cannot stand. While Open claims that it is seeking such relief under Rule 59(e), a “Rule 59(e) motion to alter or amend the judgment should be granted only to correct manifest errors of law or to present newly discovered evidence.” Phelps, 122 F.3d at 1324. Here, there was no manifest error or newly discovered evidence justifying Open Investments’ removal from the judgment. Rather, as further addressed in the City’s Response to Open’s Rule 50 Motion, which the City incorporates herein pursuant to Fed. R. Civ. P. 10, Open waived any affirmative defense that Open Investments is not liable under the City’s fraudulent inducement claim. As the Court already found based on the City’s response to Open’s purported Rule 52(c) motion, Open’s argument “disclaiming any liability of Open Investments comes far too late.” ECF No. 328 at 9. Indeed, Open chose to present itself as one joint entity in both Opening Statements and Closing Arguments. See Trial Tr. at 117:13-119:2, 2029:21-2041:7. Open did not seek separate liability instructions for each defendant for any of the claims, nor did it object to the Court’s proposed opening jury instructions provided prior to trial or to the final opening instructions. See ECF No. 275. Most importantly, Open did not object to the verdict form, which applied joint liability to the entities. ECF No. 296. Additionally, Open’s argument that Open Investment merely served as guarantor does not make sense 2075:8-14. In other words, there was no error. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 18 of 28 18 because the issue of Open Investments’ liability was always at play.7 In any event, it is clearly disputed and contrary to the jury verdict particularly since the evidence at trial demonstrated that the two Open entities acted together to fraudulently induce the City to enter an agreement that both Open entities signed. Accordingly, as set forth above and further elaborated in the City Response to Open’s Rule 50 Motion, the Could should decline to disturb the jury’s finding of Open Investments’ liability. B. The Court Made No Error in Excluding Open’s Laches Defense. Open’s request that the Court modify its prior decision and find Open’s laches defense viable is not only improper under the Rules of Civil Procedure, but, there is no basis for such request. As a threshold matter, Open seeks to have the Court reconsider its prior ruling. See ECF No. 347 at 22 (stating that Court should “revisit” its prior decision “now”). However, a “motion to reconsider should not be used to revisit issues already addressed or advance arguments that could have been raised earlier.” United States v. Christy, 739 F.3d 534, 539 (10th Cir. 2014). As Open admits, the Court already heard argument at the close of evidence from Open as to its laches defense. ECF No. 347 at 21-22. Accordingly, Open’s request is improper. Further, Open has not met its burden in showing that the Court erred in denying Open’s defense. Rather, Open simply concludes that the Court’s “decision reflects an 7 Indeed, the jury’s finding of Open’s liability for fraud had nothing to do with any provision in the MPSA. See ECF No. 285 at 16 (Instruction No. 15, “Elements of Liability— Fraudulent Inducement”). Rather, it required that “Open made a false representation of a past or present fact to the City,” among other things. See id. (lacking any element about guarantee under a contract). Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 19 of 28 19 error” and points to the same arguments regarding its waiver defense. See id. at 22. This is wholly insufficient. Because laches is an affirmative defense, the burden of proof falls on Open to demonstrate that the City unreasonably delayed in bringing its fraudulent inducement claim and that the delay prejudiced Open in some material way. See Bristol Co., LP v. Osman, 190 P.3d 752, 755 (Colo. App. 2007). Further, the record must show lack of diligence in the face of actual knowledge of the conditions giving rise to the claim. See Bd. of Cty. Comm’rs v. Echternacht, 572 P.2d 143, 146 (Colo. 1977). Here, as discussed above, the City did not “unreasonably delay” in bringing its claim for fraudulent inducement against Open. Rather, the City did not have knowledge of Open’s false representations in the functional matrix until at least the spring of 2021, when it conducted a functional matrix review. See Trial Tr. at 182:24-183:14, 201:5-10; see also id. at 633:7-634:10. Further, the City did not even obtain the requisite “full knowledge” as to Open’s fraud until the discovery in this action when Open disclosed, for the very first time, its internal assessment showing that its system actually only met 59.4% of the City’s required functionalities at the time responded to the RFP falsely representing that its product met 90% of the functionalities as “A” and part of the base system. See T.E. 74; see also Trial Tr. at 1419:2-4. Accordingly, the City did not unreasonably delay when it initiated this action on July 2, 2021. See In re the Matter of Estate of Scott, 735 P.2d 924, 926 (Colo. App. 1986) (“[L]aches cannot be imputed to one who has the right to the relief, until he discovers the fraud or mistake upon which his claim is based, and has a reasonable time thereafter within which to seek relief.”). For this reason alone, the Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 20 of 28 20 Court should deny Open’s request to revisit the judgment and add a laches defense in Open’s favor. Additionally, other than merely declaring that an amended judgment reflecting a successful laches defense eliminates the City’s rescission award, Open provides no support for such assertion. The Court should not give credit to such unsupported assertions under either Rule 52 or 59, particularly since laches is an equitable defense left to the discretion of the trial court. See Jicarilla Apache Tribe v. Andrus, 687 F.2d 1324, 1338 (10th Cir. 1982). C. The Court Correctly Found that the City is Entitled to Amounts Paid to Third- Party Consultants and the Labor Costs That It Incurred, and that Open is Not Entitled to Any Setoff. A motion to reconsider is not a second opportunity for the losing party to make its case, to rehash arguments or to dress up arguments that previously failed. See Voelkel v. Gen. Motors Corp., 846 F. Supp. 1482, 1483 (D. Kan. 1994), aff’d, 43 F.3d 1484 (10th Cir. 1994). Such motions are not appropriate if the movant only wants the Court to revisit issues already addressed or to hear new arguments or supporting facts that it could have presented originally. See Van Skiver v. U.S., 952 F.2d 1241, 1243 (10th Cir. 1991). Despite this clear standard, and without new evidence or law, Open again argues that the City is not entitled to recover more than the amounts paid to Open when rescinding the agreements. The Court should (again) reject Open’s argument for the same reasons set forth in the judgment. ECF No. 327 at 14-18. However, for completeness sake, the City responds below to Open’s arguments. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 21 of 28 21 As a preliminary matter, rescission is an equitable remedy meant to “restore the conditions existing before the agreement was made.” See Trimble, 697 P.2d at 723. However, as the Court previously found, “rescission may still leave the claimant with losses from related expenditures—separate from any consideration given under the contract—that were made in reliance on the contract.” ECF No. 327 at 16. Indeed, “[d]amages measured by the claimant’s expenditure can be included in the accounting that accompanies rescission, in order to do complete justice in a single proceeding.” Id. (citing Restatement (Third) of Restitution § 54; Trimble, 697 P.2d at 724 (“The defrauded party may recover such damages as are a natural and proximate consequence of the fraud.”)). Accordingly, to be put back in the position the City was in before Open’s fraud, the City is entitled to recover not only amounts paid to Open, but also (1) amounts paid to third-party consultants, and (2) the amount for the reasonable value of services that it incurred during the project because of Open’s fraud. Here, beginning in 2020, the City paid $456,024 to its third-party consultants, TMG Consulting (“TMG”) and Vanir Construction Management (“Vanir”), for services performed on the project with Open. As the evidence showed at trial, the City paid Vanir $169,917 in 2020 and an additional $86,810 in 2021 for project management services. T.E. 743 at Sch. K3; Trial Tr. at 1061:6-12. The City paid TMG a total of $199,297 for consulting services on the project in 2021. See T.E. 349 (yellow and green highlighting). The City is entitled to recover these amounts because, but for Open’s fraud, it would not have needed to hire or pay TMG or Vanir to provide consulting or project management services on the project with Open. Not only was hiring outside consultants permitted by the agreements Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 22 of 28 22 and encouraged by Open, but Open repeatedly stated that the City should use outside consultants to manage the project. Trial Tr. at 335:5-17. Further, Open conceded via its expert that such amounts are due to the City based on rescission and the amount due. See T.E. 744 at Fig. 7. Open cannot now claim error. Rather, as the Court already found, “the City’s third-party consultant costs were directly related to its performance under the Agreements—performance which would not have occurred at all, but for the City having been induced by fraud into entering the Agreements.” ECF No. 327 at 16-17. Additionally, the City is entitled to the reasonable value of services that it incurred during the project because the City was required to use significant resources and incur substantial labor costs in order to implement the project that it would not have incurred but for Open’s fraudulent conduct. As Open repeatedly stated during trial, the City was required to have a certain number of full-time equivalents (“FTEs”) on the project per the parties’ agreements. Trial Tr. at 1295:3-1297:14. These employees expended even more time and effort due to Open’s fraud since the product was not ready and the City ended up testing, improving, and effectively developing Open’s product. From August 15, 2018 to January 15, 2021, the City had an average of 12 business FTEs at $80.00/hour and an average of 6 IT FTEs at $100.00/hour on the project. See T.E. 743, Sch. M; T.E. 24 at 37; Trial Tr. at 801:13-802:6. Open’s argument that these numbers are somehow improper or should have been “scrutinized more closely” (see ECF No. 347 at 23) should also be rejected because Open misrepresents how the City calculated its value. Indeed, while TMG had originally estimated that each of these individuals had worked an average of 8 hours per day on the project during this time- Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 23 of 28 23 period based on City records, to be conservative, the City’s damages expert reduced the average daily hours each individual worked on the project to 5 hours per day—a 37.5% reduction. See T.E. 743, Sch. M. In total, (and reflecting the City’s expert’s reduction), between August 15, 2018 and January 15, 2021, the City incurred $4,376,969 in labor costs on the project. Id. The City is entitled to these amounts. See Rice v. Hilty, 38 Colo. App. 338, 340-41 (1976); Gearhart v. Goehner, 701 P.2d 461, 467 (Or. Ct. App. 1985) (granting cost of expenditures incurred in reliance on fraudulent statements). Further, Open conceded that this category and amount is appropriate by including it in its expert’s calculations for rescission and subsequent testimony. See T.E. 744 at Fig. 7; see Ex. A, 11/17/23 Tr. at 92:8-21-93:17. Open cannot now disavow its prior concessions via its experts. See Sines v. Darling Ingredients, Inc., 2022 U.S. Dist. LEXIS 88397, *53-54 (D. N.M. May 17, 2022) (testifying expert “acts as an agent of a proponent, because the proponent means the Court and the opposing party to rely on the expert’s [opinions] as the proponent’s own”) (quotation omitted). Relatedly, while Open argues that the Court should reduce the final judgment because the Court “declined to grant the additional five months’ of labor costs” that the City sought, there is no such substantive finding by the Court that it meant to intentionally cut off the reimbursement for labor costs in January, when the labor costs undisputedly extended through June. Rather, as addressed in the City’s expert’s report (T.E. 743, Sch. M at fn. b) and the City’s Closing Brief (ECF No. 315 at 8), the City incurred additional labor costs on the project between January 15 and June 15, 2021, totaling $850,612, including pre-judgment interest. That fact that this additional amount is missing from the Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 24 of 28 24 judgment appears to be simply an oversight by the Court, not a basis to reduce the final judgment in the City’s favor.8 Finally, Open is not entitled to any setoff for the City’s temporary efforts to use Open’s product. Indeed, as previously addressed in the City’s Closing Brief (ECF No. 315 at 4-5) and this Court’s Order (see ECF No. 327 at 13-14), especially when sitting in equity after a jury reached a fraud verdict, the Court need not account for the 29 months the City limped along with Open’s system until it finally terminated the contract and implemented a replacement. Rather, a party seeking setoff under circumstances involving fraud “is precluded by general equitable principles from deriving any benefit from the fraud perpetrated by him.” Arguelles, 827 P.2d at 557 (emphasis added). Thus, as the Court previously found, any deduction for the City’s partial use of Open’s malfunctioning product would “offend basic principles of equity.” ECF No. 327 at 13-14 (citing cases); see also Full Tilt Boogie, LLC v. Kep Fortune, LLC, 2023 U.S. Dist. LEXIS 49142, *21 (C.D. Cal. Mar. 21, 2023) (granting plaintiff full amount in rescission damages against defendant as any deduction “would not accomplish complete equity”) (quotations omitted); 1 Dan B. Dobbs, Law of Remedies § 9.3(3) at 593 (2d ed. 1993) (“the plaintiff must account to the defendant only for actual benefits received when the transaction is avoided”).9 8 To overcome any doubt, and any inconsistency, the City respectfully requests that the Court enter an amended judgment reflecting the amount of $6,568,998 in labor costs through June 15, 2021 and in order to reconcile the total amount calculated by the City’s expert to include pre-judgment interest through March 26, 2024. See ECF No. 330-1. 9 In its Motion, Open ignores much of the case law that either the Court or the City cited in support of their positions that Open is not entitled to a setoff. Rather, Open hangs its hat on the fact that Rice v. Hilty relied on the First Restatement while the Court and the City largely cite to the Third Restatement. This, however, is neither manifest error nor a new law and in fact, this is an argument that Open could have raised in response to the Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 25 of 28 25 D. The City is Entitled to Pre-Judgment Interest Dating Back to Open’s Fraud. Open’s assertion that the City should only receive pre-judgment interest from the rescission date, or the filing of the Complaint, is without merit. As a preliminary matter, Open’s argument is not proper under Rule 52 as it already raised this argument once to no avail. Additionally, however, C.R.S. § 5-12-102(1)(a) provides that the prevailing party is entitled to prejudgment interest on money or property that is “wrongfully withheld.” “Wrongfully withheld” means “when plaintiff’s injury is measured because the damages, if then paid, would make the plaintiff whole.” Goodyear Tire & Rubber Co. v. Holmes, 193 P.3d 821, 827 (Colo. 2008). In turn, Colorado courts have held that injury from fraudulent or tortious conduct is typically measured from the date of the defendant’s wrongful conduct. See e.g., Frontier Exploration, Inc. v. Am. Nat’l Fire Ins. Co., 849 P.2d 887, 893- 94 (Colo. App. 1992) (holding prejudgment interest began to accrue on date insured’s fraudulent estimates caused insurance company to pay benefits); Arguelles, 827 P.2d at 558 (holding prejudgment interest accrued from date defendant fraudulently induced plaintiff to sign a real estate contract); UETRR, LLC v. Cotnis, 739 F. App’x 475, 480 (10th Cir. 2018) (applying Colorado law). This is exactly how the City’s expert calculated it— starting interest accrual when the payment went from the City to Open. Further, Open admitted, through its expert, that the City is due prejudgment interest dating back to 2018. See Ex. A, 11/17/23 Tr. at 95:10-96:7 (admitting that the City City’s Closing Brief citing the Third Restatement, but chose not to. It cannot now seek a new trial or amended judgment on this basis. See Van Skiver, 952 F.2d at 1243. Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 26 of 28 26 may be awarded pre-judgment interest on its monetary award and that it was calculated correctly by the City’s expert); see also id. at 87:16-25 Sines, 2022 U.S. Dist. LEXIS 88397, *53-54; see also Ballay v. Legg Mason Wood Walker, Inc., 1990 U.S. Dist. Lexis 4412, *6-8 (E.D. Pa. Apr. 13, 1990) (finding that “[w]ithout the element of interest, plaintiffs would not be fully compensated” when electing rescission). Accordingly, the Court should reject Open’s Motion for an altered or amended judgment. CONCLUSION For the reasons the set forth above, the City respectfully requests that the Court deny Open’s Motion for a new trial or alternatively, an amended judgment, in its entirety. Respectfully submitted this 14th day of May, 2024. DORSEY & W HITNEY LLP s/ Case Collard Case Collard Andrea Ahn Wechter Maral J. Shoaei 1400 Wewatta Street, Suite 400 Denver, Colorado 80202-5549 Telephone: (303) 629-3400 Fax: (303) 629-3450 E-mail: collard.case@dorsey.com E-mail: wechter.andrea@dorsey.com E-mail: shoaei.maral@dorsey.com Attorneys for Plaintiff City of Fort Collins Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 27 of 28 27 CERTIFICATE OF SERVICE I hereby certify that on May 14, 2024 I caused the foregoing document to be electronically filed via CM/ECF system which will send notification of such filing to all counsel of record. s/ Stacy Starr DORSEY & W HITNEY LLP Case No. 1:21-cv-02063-CNS-SBP Document 353 filed 05/14/24 USDC Colorado pg 28 of 28 Exhibit A Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 1 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Proceedings reported by mechanical stenography ; transcription produced via computer . IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF COLORADO Civil Action No. 21-cv-02063-CNS-SBP CITY OF FORT COLLINS, Plaintiff, vs. OPEN INTERNATIONAL, LLC, and OPEN INVESTMENTS, LLC, Defendants. -------------------------------------------------------------- REPORTER'S TRANSCRIPT Damages Hearing -------------------------------------------------------------- Proceedings before the HONORABLE CHARLOTTE N. SWEENEY, Judge, United States District Court for the District of Colorado, commencing on the 17th day of November, 2023, in Courtroom A-702, United States Courthouse, Denver, Colorado. APPEARANCES For the Plaintiff: CASE L. COLLARD and ANDREA A. WECHTER and MARAL SHOAEI, Dorsey & Whitney LLP, 1400 Wewatta St., Ste. 400, Denver, CO 80202 JOHN R. DUVAL, Fort Collins City Attorney's Office, P.O. Box 580, Fort Collins, CO 80522 For the Defendants: PAUL D. SWANSON and KEVIN MCADAM and ALEXANDRIA PIERCE, Holland & Hart LLP, 555 17th St., Ste. 3200, Denver, CO 80201 Sarah K. Mitchell, RPR, CRR, 901 19th Street, Room A252, Denver, CO 80294, 303-335-2108 Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 2 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Damages Hearing21-cv-02063-CNS-SBP Sarah K. Mitchell , RPR, CRR 2 I N D E X PLAINTIFF'S WITNESS PAGE RONALD SEIGNEUR Direct Examination By Ms. Shoaei 5 Cross-Examination By Mr. McAdam 25 Redirect Examination By Ms. Shoaei 48 DEFENDANTS' WITNESS PAGE PETER SCHULMAN Direct Examination By Mr. McAdam 52 Cross-Examination By Mr. Collard 85 Redirect Examination By Mr. McAdam 126 Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 3 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Damages Hearing21-cv-02063-CNS-SBP Sarah K. Mitchell , RPR, CRR 11/17/2023 3 ***** (The proceedings commenced at 8:59 a.m.) THE COURT: We are here for a damages hearing in 21-cv-2063, City of Fort Collins v. Open International. May I have entries of appearance, please. MR. COLLARD: Of course, Your Honor. Case Collard, Andrea Wechter, and Maral Shoaei of Dorsey & Whitney. And with us today we also have from the City, John Duval of the City's Attorney's Office. And I have to say because this is his last day before retirement after 44 years of practicing law. THE COURT: Well, I'm sorry you're here. But congratulations. MR. DUVAL: Thank you. Thank you, Your Honor. MR. SWANSON: And Paul Swanson from Holland & Hart on behalf of Open International and Open Investments, with my colleagues Kevin McAdam and Alexandria Pierce, and our client representative William Corredor. THE COURT: Good morning to you all. All right. I anticipate -- we've blocked off three hours. Do you all think it's going to be three hours? Let's start there. MR. COLLARD: Your Honor, I think that that's about right, but with one caveat, which is I'm not sure if you're looking for any argument on any of the legal aspects here after we wrap up with the two damages experts. Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 4 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Damages Hearing21-cv-02063-CNS-SBP Sarah K. Mitchell , RPR, CRR 11/17/2023 87 Q.Okay. In your opinion that would not include lost profits of any kind, right? To quote your report, you said, This so-called status quo ante would not provide lost profits of any kind, fair? A.Yes. Q.Okay. But you don't cite any authority for that position in that section of your report, do you? A.I don't remember, but if you -- I mean, my report speaks for itself. Q.You're welcome to look. It's on page 28 of your report. A.I'm not trying to argue the point. But I'll look at it. Q.Okay. You don't cite any authority for that position, that the status quo ante could not provide lost profits of any kind, at the very bottom of page 28. A.Yes. Q.Okay. But you agree that if the City had never been fraudulently induced to enter a contract with Open in 2018, that they would have been free to contract with another software vendor for a billing system, right? A.Can you just repeat that so I can think about it? Q.Sure. If the City had never been fraudulently induced to enter a contract with Open in 2018, they would have been free to contract with another software vendor for a billing system, right? A.Yeah, I think I would agree with that. Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 5 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Damages Hearing21-cv-02063-CNS-SBP Sarah K. Mitchell , RPR, CRR 11/17/2023 92 it from your alternative calculation, and you said you had complete control over what you did for the Schulman & Company amount and the notes, right? And when you thought a category didn't apply to rescission, you removed it? A.All I'm saying is -- Q.Please answer my question, sir. A.I am. Q.No. My question is when you thought a category didn't apply, you removed it, and you said not rescission, correct? A.That's correct. Q.Okay. You didn't remove the category under number seven of the amounts the City paid to Open, right? A.Yes. Q.And you didn't remove the category of payments to consultants for project management. You didn't say that's not rescission and remove that. You left that in your alternative calculation, right? A.Yes. Q.Okay. And same for the City's labor costs. You left that in your calculation as well, correct? A.Yes. Q.Okay. And you agree on the payments to consultants that the City would not have -- have hired any outside or third-party consultants to work on the project if it had never entered a contract with Open. You agree with that, right? Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 6 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Damages Hearing21-cv-02063-CNS-SBP Sarah K. Mitchell , RPR, CRR 11/17/2023 93 A.Yes. Q.Okay. And you agree -- you've heard testimony and seen evidence that Open really wanted the City to hire outside consultants and project managers to work on this project, right? MR. MCADAM: Objection, foundation. THE COURT: Overruled. A.I don't know. Q.(By MR. COLLARD) Okay. And you agree on the labor costs that had the City not been fraudulently induced to enter the contract with Open, it would not have had any labor expenditures on the project with Open? A.I would agree with that, yes. Q.And you would also agree that the City's staffing and labor requirements were mandated by that contract with Open, right? A.Yes. Q.Okay. Your other change here in your alternative column was to remove prejudgment interest from Mr. Seigneur's calculations, correct? A.Yes. Q.Okay. So your opinion in your report -- this is on page 29 of your report, Figure 7, was that even without the lost net revenue category and removing the PJI, the Schulman & Company amount for the City's rescission claim is 12,531,849, Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 7 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Damages Hearing21-cv-02063-CNS-SBP Sarah K. Mitchell , RPR, CRR 11/17/2023 95 A.Yes. Q.And the column with your restated rescission damages is the Schulman & Company amount column, correct? A.Yes. Q.And the total for that column is $12,531,849, correct? A.Yes. Q.Okay. And you understand that the City has now prevailed on its claim for fraud, right? A.On liability, yes. Q.Yes. And if the City receives a monetary award, you agree that the Court may award prejudgment interest pursuant to Colorado statute, correct? A.My understanding is that's correct, if it's not already included in Mr. Seigneur's analysis. Q.Right. And your understanding of Mr. Seigneur's report is that he was using 8 percent, and that that was equivalent to prejudgment interest, right? A.I'm saying it was prejudgment interest. Q.And if it is prejudgment interest, you agree that the calculation done by Mr. Seigneur was done properly and compounded, correct? A.The calculation of prejudgment interest was correct. Q.Okay. So based on Mr. Seigneur's report, you would agree that if the City receives prejudgment interest, Mr. Seigneur has properly done that calculation through April 14, 2023, Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 8 of 9 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 Damages Hearing21-cv-02063-CNS-SBP Sarah K. Mitchell , RPR, CRR 11/17/2023 96 correct? A.The calculation of prejudgment interest, correct. Q.But the Court, if they awarded prejudgment interest through the judgment, would still need to add prejudgment interest between April 14, 2023, and the judgment date, correct? A.Yes. Q.Okay. So you removed prejudgment interest here, but you agree that if the City receives a monetary award and is awarded prejudgment interest, that that would have to be added back in, correct? A.If the award was on the amounts in the SCo amount column, I would agree with that. Q.Great. So I also want to discuss this calculation error, which is what you call it, on the amount that Mr. Seigneur removed from the amount due due to use by the City of the software for some time. Do you recall that issue? A.Yes. Q.All right. And for the basis of Mr. Seigneur's calculation, he used the present value of the payments, and then he multiplied that by 12.08 percent, correct? A.I'm sorry. Can you just repeat that again? Q.Sure. For the basis of Mr. Seigneur's calculation, he used the present value of payments and multiplied that by 12.08 percent, correct? Case No. 1:21-cv-02063-CNS-SBP Document 353-1 filed 05/14/24 USDC Colorado pg 9 of 9