JESSE M. FURMAN, District Judge.
On July 12, 2019, the Court entered an Opinion and Order dismissing Apotex Corp.'s ("Apotex") tort claims and claims for certain species of damages against Hospira Healthcare India Private Limited ("Hospira") from this case, familiarity with which is presumed. See Apotex Corp. v. Hospira Healthcare India Private Ltd., No. 18-CV-4903 (JMF), 2019 WL 3066328 (S.D.N.Y. July 12, 2019); ECF No. 70. Apotex now moves for clarification or reconsideration of one issue decided in that Opinion: whether it may recover lost profits as "actual damages" under the Florida Deceptive and Unfair Trade Practices Act ("FDUTPA"), Fla. Stat. Ann. §§ 501.201 et seq. The Court held that it could not, Apotex Corp., 2019 WL 3066328, at *9, and adheres to that holding on reconsideration.
Apotex acknowledges that FDUTPA limits recovery to "actual damages, plus attorney's fees and court costs," Fla. Stat. Ann. § 501.211, and that "many courts construing FDUTPA have held that `actual damages under FDUTPA must be measured as the difference in the market value of the product or service in the condition in which it was delivered and its market value in the condition in which it should have been delivered according to the contract of the parties.'" ECF No. 76 ("Apotex Mem."), at 2 n.2 (quoting Apotex Corp., 2019 WL 3066328, at *9). Apotex argues that it should be permitted to maintain a lost-profits claim under FDUTPA, however, because it is a business competitor seeking recovery for unfair trade practices, not a deceived consumer seeking the benefit of its bargain. Id. at 2. In support of that argument, Apotex relies principally on ADT LLC v. Alarm Protection Technology Florida, LLC, No. 12-80898-CIV, 2013 WL 11276119 (S.D. Fla. Apr. 18, 2013). In that case, the court reasoned that the "accepted definition of damages recoverable in a consumer's FDUTPA claim" — set forth above — "is meaningless in the context of a competitor's claim" because a "competitor has not purchased a worthless product, [it] has lost business and profits." Id. at *5. The court therefore concluded that "[a] competitor's actual damages in a FDUTPA case are its `actual lost profits' suffered by reason of the unfair trade practices." Id.
The weight of authority is against ADT LLC and Apotex. Substantially for the reasons set forth in Diversified Management Solutions, Inc. v. Control Systems Research, Inc., No. 15-81062-CIV, 2016 WL 4256916, at *5-*6 (S.D. Fla. May 16, 2016), the Court concludes that FDUTPA "actual damages" do not include lost profits even when sought by a competitor rather than a consumer. Briefly stated, Diversified Management Solutions explains that Florida courts long interpreted FDUTPA to exclude "consequential damages," a limitation that applied to lost profits, the "`quintessential example' of consequential damages." Id. at *5 (quoting Nyquist v. Randall, 819 F.2d 1014, 1017 (11th Cir. 1987)).
In light of that authority, the cases cited by Apotex, see Apotex Mem. 3-8, are insufficient to tip the balance in its favor. First and foremost — and unmentioned by Apotex — the Eleventh Circuit case upon which Apotex chiefly relies explicitly held that the defendant had waived its objection to the lost-profit damages theory. Marco Island Cable v. Comcast Cablevision of S., Inc., 312 F. App'x 211, 214 n.1 (11th Cir. 2009) (per curiam) (noting that the defendant had "not properly presented for review" its argument that expert testimony as to lost profits was "evidence of an incorrect measure of damages under the statute").
Contrary to the cases relied upon by Apotex, Florida law — while perhaps not fully developed on this point — clearly weighs against the inclusion of lost profits in FDUTPA actual damages. Florida courts have consistently held that, "under FDUTPA, the term `actual damages' does not include special or consequential damages." Rodriguez v. Recovery Performance & Marine, LLC, 38 So.3d 178, 180 (Fla. Dist. Ct. App. 2010) (citing Fla. Stat. Ann. § 501.212(3), which excludes from FDUTPA's cause of action "a claim for damage to property other than the property that is the subject of the consumer transaction"). And Florida courts are similarly consistent that, "[a]ccordingly, lost profits, the `quintessential example of consequential damages,' are not permitted." Vivint, 2017 WL 5640725, at *5 (quoting Nyquist, 819 F.2d at 1017); see Stewart Agency, Inc. v. Arrigo Enters., Inc., 266 So.3d 207, 214 (Fla. Dist. Ct. App. 2019) (noting that "entities frequently do not suffer actual damages from unfair and deceptive practices of competitors. Instead, their damages are frequently special or consequential damages, and thus, not compensable under [FDUTPA]."). Apotex's argument — that the FDUTPA amendment broadening the class of plaintiffs should be understood to have also broadened the types of damages available — makes sense, but it is not logically compelled, and no Florida state court (much less Florida's highest court) has adopted it. "[T]he role of a federal court sitting in diversity is to determine what state law is, not to change it," In re Gen. Motors LLC Ignition Switch Litig., 339 F.Supp.3d 262, 307 (S.D.N.Y.), and "[t]he substantive law of Florida, as it currently stands," still "leads to the conclusion that lost profits are consequential damages, and, thus, not recoverable under FDUTPA," Diversified Mgmt. Sols., Inc., 2016 WL 4256916, at *6; accord BPI Sports, 2016 WL 739652, at *6.
Apotex's final contention is that its lost profits are "are actually an element of what" the parties' contract "specifies are actual damages." ECF No. 67, at 1; see ECF No. 42 ("Apotex MTD Mem."), at 25. If so, then Apotex may ultimately recover those lost profits as damages for its breach-of-contract claim. Cf. Apotex, 2019 WL 3066328, at *8 (finding "ambiguous the Agreement's unequivocal statement forbidding damages for `any lost opportunity or profits,'" in light of the Novation, and denying Hospira's motion to dismiss that damages claim). But whether the parties agreed that the lost-profit damages in question would be available (or not) in the event of a contract breach is, of course, a different question than whether FDUTPA provides for such damages. In fact, if anything, Apotex's argument that the parties' contract "allow[s] Apotex to recover lost profits as direct damages" in this situation presupposes that such damages would otherwise be recoverable only as consequential damages at common law — and, thus, would not be available under FDUTPA. Apotex MTD Mem. 25 (emphasis added).
For these reasons, and in light of the Florida authority cited above, the Court would dismiss Apotex's FDUTPA claims for lost-profit damages even if it were considering the issue on a blank slate; Apotex certainly does not satisfy the standards applicable to a motion for reconsideration. See, e.g., In re Gen. Motors LLC Ignition Switch Litig., No. 14-MD-2543 (JMF), 2017 WL 3443623, at *1 (S.D.N.Y. Aug. 9, 2017). Accordingly, the Court clarifies (to the extent necessary) that Apotex's FDUTPA claims for lost-profit damages were and are dismissed, and Apotex's motion for reconsideration is DENIED.
The Clerk of Court is directed to terminate Docket No. 75.
SO ORDERED.