Lintz v. Dillon

568 S.W.2d 147 (1978)

Melvin LINTZ, Appellant,

v.

Eastman DILLON et al., Appellees.

No. 8084.

Court of Civil Appeals of Texas, Beaumont.

May 18, 1978.

Rehearing Denied June 8, 1978.

Goodman L. Caplan, Arthur L. Forbes, Houston, for appellant.

Fred J. Knapp, Houston, for appellees.

DIES, Chief Justice.

Melvin Lintz sued Eastman Dillon, Union Securities & Co., and Sam Dodd for recission of a contract for the sale of Omnitec securities by Eastman Dillon to Lintz. Plaintiff sought recission on the basis of Tex.Rev.Civ.Stat.Ann. art. 581-33 A(1) for failure to register the securities, or on the basis of art.…