EDUCATORS'INV. CORP. OF ALA., INC. v. White

The appellant, Educators' Investment Corporation of Alabama, Inc., an Alabama corporation, appeals from the trial court's denial of appellant's motion for summary judgment notwithstanding the verdict (JNOV). The motion averred that judgment should be granted for appellant as the appellees, Deuel and Lala White, suffered no damage or injury as a result of the alleged misrepresentation by Educators' Investment Corporation. We affirm.

Educators' Investment Corporation of Alabama, Inc. (hereinafter referred to as "Educators") was incorporated in Birmingham, Alabama in 1956 as a stock company. From…