Legal Opinion

Myers v. Walker

Texas Court of Appeals, 11th District (Eastland)

Decided December 13, 2001No. 11-99-00309-CVPublishedCited by 15 opinions

1Opinion of the Court

Opinion

ARNOT, Chief Justice.

This appeal involves a claim for fraud arising from Harry K. Myers’ breach of a settlement agreement. After a bench trial, the trial court entered judgment against Myers for actual damages of $510,000 and exemplary damages of $660,000. We affirm.

Background Facts

Emory Walker, a pharmacist, had a qualified individual retirement account with Merrill Lynch. At the solicitation of Myers, Walker took $200,000, which was approximately two-thirds of his total savings, from his IRA and invested in Insured Medical Claims, Ltd. (IMC). With this investment, “Emory Walker —…

2Cases cited16 opinions

  1. In Re King's EstateTexas Supreme Court · 1951
  2. Merrell Dow Pharmaceuticals, Inc. v. HavnerTexas Supreme Court · 1997
  3. Pool v. Ford Motor Co.Texas Supreme Court · 1986
  4. Formosa Plastics Corp. USA v. Presidio Engineers and Contractors, Inc.Texas Supreme Court · 1998
  5. Transportation Insurance Co. v. MorielTexas Supreme Court · 1994

11 more not listed; retrieve them via the Exa API.

3Cited by15 opinions

  1. Brady v. ParkUtah Supreme Court · 2019
  2. Goldstein v. Mortenson, Texas Court of Appeals, 3rd District (Austin)2003
  3. Hydroscience Technologies, Inc v. Hydroscience, Inc, Whitehall Corp, Aviation Sales Company, Texas Court of Appeals, 5th District (Dallas)2013
  4. Signal Peak Enterprises of Texas, Inc. v. Bettina Investments, Inc., Texas Court of Appeals, 5th District (Dallas)2004
  5. Chase Manhattan Mortgage Corp. v. Cook, Texas Court of Appeals, 11th District (Eastland)2004

10 more not listed; retrieve them via the Exa API.

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