Thomas v. Prudential Securities, Inc.
Texas Court of Appeals, 3rd District (Austin)
1Opinion of the Court
BEA ANN SMITH, Justice.
Appellants Donald Scott Thomas 1 and Jane Holt Thomas challenge the authority of an arbitration panel to award attorney fees and expert witness fees to appellees Prudential Securities and Prudential-Bache Securities, Inc. (“Prudential”). Because we hold that the arbitration panel acted within its authority in awarding these fees we will affirm the district court’s judgment.
BACKGROUND
In February 1990, Donald Thomas met with a representative of Prudential to discuss investment possibilities in a company called LIN Broadcasting. The Thomases ultimately used Prudential’s…
2Cases cited15 opinions
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- Fed. Sec. L. Rep. P 98,372 Executone Information Systems, Inc. v. Lloyd K. DavisCourt of Appeals for the Fifth Circuit · 1994
- Kline v. O'QUINNCourt of Appeals of Texas · 1994
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