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JANKOWSKI v. TAYLOR, BISHOP & LEE

36527.

246 Ga. 804 (1980)

273 S.E.2d 16

JANKOWSKI et al. v. TAYLOR, BISHOP & LEE et al.

Supreme Court of Georgia.

Decided November 25, 1980.

Rehearing Denied December 17, 1980.

Attorney(s) appearing for the Case

W. Jan Jankowski, for appellants.

Wallace E. Harrell, William P. Tinkler, Jr., for appellees.

CLARKE, Justice.

Defendant law firm and individual attorneys filed a shareholders derivative suit on October 26, 1972, on behalf of Joseph J. Lahiff and others against Euley T. Morgan, the principal officer and director of L.E.P.A Investments, Inc. They prayed for judgment in the amount of $350,000 for acts of malfeasance-misfeasance and fraud. The applicable statute of limitation on that claim expired April 13, 1975.

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