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PREMIER CORP. v. ECONOMIC RESEARCH ANALYSTS

No. 77-1376.

578 F.2d 551 (1978)

PREMIER CORPORATION, Appellant, v. ECONOMIC RESEARCH ANALYSTS, INC., Appellee.

United States Court of Appeals, Fourth Circuit.

Decided July 10, 1978.

Attorney(s) appearing for the Case

John R. Wester, Charlotte, N. C. (Fleming, Robinson & Bradshaw, Charlotte, N. C., on brief), for appellant.

(Guy K. Stewart, Miami Shores, Fla., on brief), for appellee.

Before BUTZNER, WIDENER and HALL, Circuit Judges.

BUTZNER, Circuit Judge:

Premier Corp., an issuer of securities, appeals from a judgment of the district court, entered on a motion for a directed verdict, dismissing its claim for indemnification or contribution from a broker, Economic Research Analysts, Inc., for losses sustained in connection with illegal sales by the broker in North Carolina. Premier also appeals the dismissal of its claim on a promissory note executed...

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