Boland v. Hammond

Harsha, Judge.

The defendant-appellant, Donald Hammond, appeals an order of the Scioto Court of Common Pleas granting summary judgment in favor of the plaintiffsappellees.

This is a securities investment case brought under the Ohio Securities Act, R.C. 1707.01 et seq. The events giving rise to the cause of action date back to 1992 when Donald Hammond, a minister in Portsmouth, Ohio, was introduced to Wendell Rogers, a fellow minister in Louisiana. Rogers was also the president of an investment company, Sunbelt Development Company (“Sunbelt”). A friendship developed between the two, and Hammond…