Ritch v. Robinson-Humphrey Co.

RICHARD MILLS, Senior District Judge:

In this case, Appellants Ernest Ray Ritch and Mary J. Ritch (the Ritches) alleged that their stockbroker inappropriately recommended that Mr. Ritch should buy, on margin, a substantial amount of stock in a company called Comptronix. 1 But the investment went sour, and the Ritches lost over $240,000 when the value of Comptronix stock plunged.

In their suit against Robinson-Humphrey, the Ritches asserted four separate claims based on the alleged inappropriate recommendation, and the case proceeded to a jury trial. We affirmed the district court’s grant of…