DYKEMA v. MUSKEGON PISTON RING CO.

Docket No. 40, Calendar No. 47,027.

348 Mich. 129 (1957)

82 N.W.2d 467

DYKEMA v. MUSKEGON PISTON RING COMPANY.

Supreme Court of Michigan.

Decided April 22, 1957.


Attorney(s) appearing for the Case

Alexander, Cholette, Buchanan, Perkins & Conklin (Edward D. Wells, of counsel), for plaintiff.

McCobb, Heaney & Dunn, for defendants.


KELLY, J.

Plaintiff sought damages, alleging that defendants falsely and negligently advised him, as a stockholder, that a merger of defendant company and Thompson Products, Inc., would be consummated upon approval of defendant company's stockholders, and that in reliance upon said statement plaintiff purchased 1,200 shares of defendant company stock, thereby sustaining large and substantial losses. At the conclusion of plaintiff's case the trial court directed a...

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