Grayco Resources, Inc. v. Poole
Supreme Court of Alabama
1Opinion of the Court
This is an appeal by Grayco Resources, Inc., one of the plaintiffs, from a jury verdict in favor of defendant James E. Poole.
Plaintiff Grayco sued Poole for fraud, breach of contract, and violations under the Securities Act of Alabama, Ala. Code 1975, § 8-6-19, the Securities Act of 1933, and the Securities Exchange Act of 1934, arising out of the sale of fractional interests in certain oil leases in Kentucky. By subsequent amendment to the complaint, Stuart F. Graydon, Sr., one of the principals of Grayco, was added as a party plaintiff.
On appeal by Grayco, the issue is whether the trial…
2Cases cited24 opinions
- Fed. Sec. L. Rep. P 96,189 First Virginia Bankshares v. Alan BensonCourt of Appeals for the First Circuit · 1977
- Structural Rubber Products Company v. Park Rubber Company and International Metals and MacHines Inc.Court of Appeals for the Federal Circuit · 1984
- Liggett & Myers Tobacco Co. v. PritchardSupreme Court of the United States · 1967
- Anita Pritchard, Administratrix of the Estate of Otto E. Pritchard, Deceased v. Liggett & Myers Tobacco Company, a CorporationCourt of Appeals for the Third Circuit · 1965
- Oscar J. Marshall v. Isthmian Lines, Inc.Court of Appeals for the Fifth Circuit · 1964
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3Cited by42 opinions
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- American Cast Iron Pipe Co. v. WilliamsSupreme Court of Alabama · 1991
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