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LOEB, RHOADES & CO. v. STANLEY

No. 1091.

541 S.W.2d 869 (1976)

LOEB, RHOADES & COMPANY, Appellant, v. John J. STANLEY, Appellee.

Court of Civil Appeals of Texas, Corpus Christi.

Rehearing Denied October 21, 1976.

Attorney(s) appearing for the Case

Jack K. Dahlberg, Jr., Allison & Garcia, Corpus Christi, Charles P. Fincher, Brownsville, for appellant.

John J. Stanley, pro se.

OPINION

BISSETT, Justice.

This is an appeal from a judgment against a stock brokerage company for damages allegedly sustained because of its failure to timely transact an order in securities. Plaintiff John J. Stanley, entered a "sell short" order with defendant Loeb, Rhoades & Company (Loeb), an investment securities brokerage company. Loeb purchased the requested stock for Stanley, who later sold the stock at a loss. Stanley then filed suit against...

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