Gilbert v. Meason

Shulman, Judge.

Appellant brought this action to rescind a stock purchase agreement and to recover the money he paid pursuant thereto. The asserted liability of appellees (directors of the corporation in which appellant bought stock) was predicated on appellant’s contention that they participated in, knew of, or as reasonably prudent persons should have known of fraudulent misrepresentations allegedly made to appellant by their agent to induce appellant into purchasing the stock. The appeal is from a judgment entered on a jury verdict in favor of the directors.

1. The first enumeration of error…