ROGERS v. RIDDLE

No. 59-605.

128 So.2d 409 (1961)

William C. ROGERS, Michael H. Lojinger and Foster Construction Company, C.A., a Venezuelan corporation, Appellants, v. John Paul RIDDLE and Riddle Airlines, a Florida corporation, Appellees.

District Court of Appeal of Florida. Third District.

Rehearing Denied April 18, 1961.


Attorney(s) appearing for the Case

Anderson & Nadeau, Miami, for appellants.

Dixon, DeJarnette, Bradford, Williams, McKay & Kimbrell, Miami, for appellees.


PER CURIAM.

The plaintiffs appeal from a final decree, entered by the chancellor at the conclusion of trial, denying relief upon their complaint. The suit sought to rescind, upon the ground of fraud inherent in the transactions, the sale of each plaintiff of his stock in Riddle Airlines which was purchased by John Paul Riddle. The complaint alleged that at the time of the sales, Riddle, as president, owed to the plaintiffs, as stockholders, a duty to make a full disclosure...

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