Washington Nationall Corp. v. Thomas

OPINION

HOWARD, Chief Judge.

This is an appeal from a judgment of the trial court which found that appellants had violated the Arizona Securities Act and as a result rescinded a trust agreement by and between the deceased, W. Alan Thomas and appellant Washington National Trust Company. The court awarded damages in the sum of $179,970.31 in favor of appellee Luceille W. Thomas and $490,661.44 in favor of W. Alan Thomas and against all appellants. The trial court also voided certain provisions in the last will and testament of W. Alan Thomas and awarded appellees $25,-000 attorneys’ fees.

For the…