Mitcham v. Blalock

McMurray, Presiding Judge.

Michael Mitcham (plaintiff) maintained accounts at Atlanta Securities & Investments, Inc. (“ASI”) at a time when William J. Blalock, Charles Lee Bradley, Rollo Fredrick Ingram and John Ringo (defendants) were corporate officers and directors of ASI. However, the value of plaintiff’s accounts dwindled under the supervision and control of ASI Investment Broker Fred H. Jones, Jr., and plaintiff filed for arbitration (in accordance with standards set by the National Association of Securities Dealers, Inc.) and alleged that his losses were caused by unlawful, fraudulent…