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RITCHEY v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC.

No. 78-40.

361 So.2d 438 (1978)

Leroy RITCHEY and Dorothy Ritchey, Appellants, v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., a Delaware Corporation, Appellee.

District Court of Appeal of Florida, Second District.

Rehearing Denied August 10, 1978.

Attorney(s) appearing for the Case

William H. Shields and Michael A. Gennaro, of Pavese, Shields, Garner, Haverfield & Kluttz, Fort Myers, for appellants.

Gerald W. Pierce, of Henderson, Franklin, Starnes & Holt, Fort Myers, for appellee.

RYDER, Judge.

Appellants Leroy and Dorothy Ritchey decided to sell 500 shares of United Utilities of Kentucky common stock owned by Mr. Ritchey to pay medical expenses. As they were uncertain of the exact value of the stock, Mrs. Ritchey telephoned an employee of appellee, Merrill Lynch, a stock brokerage firm, and inquired whether Merrill Lynch could arrange a sale of the stock. Mrs. Ritchey described the shares to be sold...

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