Ebrahimi v. EF Hutton & Co., Inc.

Opinion by

Judge CRISWELL.

Plaintiffs, Farhad F. Ebrahimi (Farhad), for himself and as assignee of his brother and sister-in-law, Farroeh and Hannelore Ebrahimi, together with his wife, Mary Patricia, his mother, Rokhsareh Zia, and his friend, Reza G. Tourzani, sued the defendant, E.F. Hutton & Co., Inc., for the losses sustained by them in their trading accounts with Hutton. Hutton counterclaimed, seeking a judgment against Farhad and his wife upon a promissory note signed by them.

The trial court dismissed plaintiffs’ negligent misrepresentation claims because of the running of the statute of…