Voskamp v. Arnoldy

OPINION

LEVY, Justice.

The trial court granted a take-nothing judgment notwithstanding the verdict against appellants in this stock fraud case. We reverse and render.

During the late 1970’s, Tapco International (“Tapco”), now Triten Corporation (“Triten”), was a closely-held corporation that manufactured valves for the oil industry. Roman F. Amoldy (“Roman”) was the majority shareholder, president, and chairman of the board of directors of Tapco. His son, John Amoldy (“John”), was executive vice-president, a director, and stockholder. Appellant Peter S. Voskamp was employed by Tapco in 1968 and…