Legal Opinion
Drexel Burnham Lambert, Inc. v. Merchants Investment Counseling, Inc.
Indiana Court of Appeals
Decided July 11, 1983No. 1-483A112PublishedCited by 10 opinions
1Opinion of the Court
ROBERTSON, Presiding Judge.
Drexel Burnham Lambert, Incorporated (Drexel) and Moseley, Haligarten, Esta-brook, & Weeden, Inc. (Moseley), bring an interlocutory appeal challenging the trial court's denial of their motion to dismiss in a securities claim initiated by Merchants Investment Counseling, Inc. (Merchants Investment) and Merchants National Bank and Trust Company of Indianapolis (Merchants Bank).
We affirm.
Merchants Bank and Merchants Investment filed a complaint seeking to recover $798,875, which they paid for 83,000 shares of stock in Flight Transportation Corporation (FTC) that were…
2Cases cited4 opinions
- Clark v. ClarkIndiana Court of Appeals · 1980
- Killearn Properties, Inc. v. LambrightIndiana Court of Appeals · 1978
- Duncan v. RogersIndiana Court of Appeals · 1983
- Young v. HERALDIndiana Court of Appeals · 1965
3Cited by10 opinions
- Employers Insurance of Wausau v. Recticel Foam Corp.Indiana Court of Appeals · 1999
- Palacios v. KlineIndiana Court of Appeals · 1991
- Brown v. Terre Haute Regional HospitalIndiana Court of Appeals · 1989
- Revocable Inter Vivos Trust of Loeb v. WollIndiana Court of Appeals · 1986
- Kaufmann v. Credithrift Financial, Inc.Indiana Court of Appeals · 1984
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