Lloyd v. Prudential Securities, Inc.

Smith, Judge.

The appellants are investors in the “Daniel Vinings Landing Limited Partnership” (“partnership”). The appellees have played various roles in the formation, marketing, and operation of the partnership. It is beyond dispute that the partnership was an unprofitable venture for appellants. Seven years after making their initial investments, appellants brought suit alleging fraud, breach of fiduciary duty, and negligent misrepresentation, praying for rescission, the return of their investments, and other relief. They argue that the appellees fraudulently enticed them to invest in the…