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JOHN R. LEWIS INC. v. NEWMAN

No. 30715.

446 F.2d 800 (1971)

JOHN R. LEWIS INC. and Glenn E. Hinton, Investments, Inc., Plaintiffs-Appellees, v. Hal C. NEWMAN, Defendant-Appellant.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied August 4, 1971.

Attorney(s) appearing for the Case

M. R. Irion, Irion, Cain, Magee & Davis, Dallas, Tex., for defendant-appellant on appeal.

D. L. Case, Jack Pew, Jr., Dallas, Tex., for plaintiffs-appellees; Jackson, Walker, Winstead, Cantwell & Miller, Dallas, Tex., of counsel.

Before AINSWORTH, INGRAHAM and RONEY, Circuit Judges.

AINSWORTH, Circuit Judge:

Plaintiff corporations brought this action to recover damages based on the alleged misrepresentations and deceptions of the defendant, Hal C. Newman, in connection with the January 1969 sales by Newman to each of the plaintiffs of 10,000 shares of unregistered stock1 of Diversa, Inc. On the instructions of the Trial Judge, pursuant to Fed.R.Civ.P. Rule 49(a), the jury returned a special verdict in the form of...

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