Louis Lesser v. William Holliday Cord Associates, Inc., William Holliday Cord Associates, Inc. v. Louis Lesser

BLACKMUN, Circuit Judge.

These are cross appeals, in a diversity tort suit, from a judgment for $7,019.62 entered in favor of the plaintiffs, Louis Lesser and others, and against the defendant, William Holliday Cord Associates, Inc. The judgment rests upon negligent misrepresentation. The plaintiffs’ appeal is directed to the amount of the judgment, for it claims that it should be in excess of $900,000. The defendant’s appeal is directed to liability, that is, to the entry of any judgment against it at all.

The facts are not in any real dispute. The plaintiffs are a joint venture known as D & L…