Rollin v. William v. Frankel & Co., Inc.

OPINION

PELANDER, Presiding Judge.

¶ 1 In this putative class action, plaintiffs/appellants Lawrence S. Rollin and J. William and Barbara Mandelbaum appeal from the trial court’s order dismissing their complaint against defendants/appellees William V. Frankel & Co. (Frankel) and Hill, Thompson, Magid & Co. (HTM) for lack of personal jurisdiction. We affirm.

BACKGROUND

¶ 2 This action arises out of the purchase and sale of worthless public stock in a company called Discovery Zone. On July 29,1997, a bankruptcy court extinguished all of Discovery Zone’s publicly owned stock pursuant to a confirmed…