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POOLE v. N. V. DELI MAATSCHAPPIJ

224 A.2d 260 (1966)

Edna POOLE et al., Plaintiffs Below, Appellants, v. N. V. DELI MAATSCHAPPIJ et al., Defendants Below, Appellees.

Supreme Court of Delaware.

October 31, 1966.

Attorney(s) appearing for the Case

Daniel O. Hastings, Clarence W. Taylor and Russell J. Willard, Jr., of Hastings, Taylor & Willard, Wilmington, and Otto E. Koegel, William F. Koegel and David W. Bernstein, of Royall, Koegel & Rogers, New York City, for plaintiffs below, appellants.

Richard F. Corroon, of Berl, Potter & Anderson, Wilmington, and Walston S. Brown, of Willkie, Farr, Gallagher, Walton & FitzGibbon, New York City, for defendants below, appellees.

WOLCOTT, C. J., and CAREY and HERRMANN, JJ., sitting.

HERRMANN, Justice:

This appeal raises the question of the measure of damages to be applied in an action for inducing a sale of stock by fraudulent misrepresentation.

The plaintiffs formerly owned stock of American Sumatra Tobacco Corporation, a Delaware corporation (hereinafter "American Sumatra"), which was engaged in the business of growing tobacco in Connecticut, Georgia and Florida. By circular letter dated June...

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