FRIDRICH v. BRADFORD

No. 74-1902.

542 F.2d 307 (1976)

Jerry D. FRIDRICH, et al., Plaintiffs-Appellees, v. J. C. BRADFORD, et al., Defendants-Appellants.

United States Court of Appeals, Sixth Circuit.

Decided September 15, 1976.

Certiorari Denied January 10, 1977.


Attorney(s) appearing for the Case

Ames Davis, Waller, Landsen, Dortch & Davis, Justin P. Wilson, William Waller, William Waller, Jr., Nashville, Tenn., for defendants-appellants.

Gilbert S. Merritt, Gullett, Steele, Sanford, Robinson & Merritt, Nashville, Tenn., James C. Burns, Jr., Shelbyville, Tenn., for plaintiffs-appellees.

Before CELEBREZZE, PECK and ENGEL, Circuit Judges.


Certiorari Denied January 10, 1977. See 97 S.Ct. 767.

ENGEL, Circuit Judge.

On April 27, 1972 J. C. Bradford, Jr. purchased 1,225 shares of common stock of Old Line Life Insurance Company (Old Line). The shares were purchased on inside information Bradford, Jr. had received on a tip from his father. The shares were purchased on the over-the-counter market from J. C. Bradford and Co., a Nashville brokerage firm of which Bradford, Jr. and his father are managing...

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