Merrill, Lynch, Pierce, Fenner & Smith, Inc. v. Bruce

This is an action for breach of contract arising from the sale of six hundred shares of Atlas Corporation stock. The plaintiff, Merrill, Lynch, Pierce, Fenner and Smith, Inc., is a stock brokerage firm. The defendant, H. Dean Bruce, was the owner of the stock. Merrill, Lynch sued Bruce for $7,784.85 in damages which it allegedly suffered when Bruce failed to tender six hundred shares of stock he requested Merrill, Lynch to sell on his account. The jury returned a verdict for Bruce. Merrill, Lynch appeals. We affirm.

In April of 1980, Jackie Frangais, an account representative at the Greenville…