Legal Opinion
Summers v. WellTech, Inc.
Texas Court of Appeals, 1st District (Houston)
Decided December 5, 1996No. 01-94-01156-CVPublishedCited by 36 opinions
1Opinion of the Court
OPINION ON REHEARING
TAFT, Justice.
We deny appellee’s motion for rehearing, but we withdraw our original opinion of August 15, 1996, and substitute the following opinion in its place. This ease is based upon allegations of securities fraud during the sale of stock between two companies. The trial court rendered judgment for the plaintiff, WellTech, Inc., and ordered the defendants, control persons of Vanguard Environmental, Inc. (Vanguard), to pay approximately 1.5 million dollars. The control persons appeal that judgment. Among other issues presented, we address whether a control person may…
2Cases cited14 opinions
- Cliff v. HugginsTexas Supreme Court · 1987
- Randall v. LoftsgaardenSupreme Court of the United States · 1986
- Jackson v. Van WinkleTexas Supreme Court · 1983
- Fed. Sec. L. Rep. P 94,315 E. Elwood Lewis and James McDonald Plaintiffs-Appellants-Appellees v. Walston & Co., Inc., Jackie DecasenaveCourt of Appeals for the Fifth Circuit · 1973
- Anheuser-Busch Companies v. Summit Coffee Co., Texas Court of Appeals, 5th District (Dallas)1993
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3Cited by36 opinions
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- Texas Capital Securities, Inc. v. Sandefer, Texas Court of Appeals, 1st District (Houston)2001
- Anglo-Dutch Petroleum International, Inc. v. Haskell, Texas Court of Appeals, 1st District (Houston)2006
- Southern County Mutual Insurance Co. v. Ochoa, Texas Court of Appeals, 13th District2000
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