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STATE EX REL. McLEOD v. RHOADES

21253

275 S.C. 104 (1980)

267 S.E.2d 539

The STATE of South Carolina, ex relatione, Daniel R. McLEOD, Attorney General, Respondent, v. Loeb RHOADES, Hornblower & Company; Hornblower & Weeks-Hemphill, Noyes, Inc.; Hornblower & Weeks-Hemphill, Noyes (a partnership); Hornblower, Weeks, Noyes & Trask, Inc.; John Bean; Gus N. Trakas; Robert Tobey; Thor Kolle; Nicholas Kicidis; and George McDowell, Appellants.

Supreme Court of South Carolina.

June 19, 1980.

Attorney(s) appearing for the Case

James C. Parham, Jr., and Henry L. Parr, Jr., of Wyche, Burgess, Freeman & Parham, Greenville, for appellants.

Atty. Gen. Daniel R. McLeod, Deputy Atty. Gen. Victor S. Evans, Asst. Attys. Gen. James W. Johnson, Jr. and L. Kennedy Boggs and Staff Atty. Grady L. Patterson, III, Columbia, for respondent.

June 19, 1980.

HARWELL, Justice:

The Attorney General commenced this action alleging that the defendants violated the South Carolina Unfair Trade Practices Act ("UTPA"), §§ 39-5-10, et seq., S.C. Code Ann. (1976), by "unfair and deceptive acts or practices" in connection with the public offering and sale of the stock of Cartridge Televisions, Inc., from July 1971 to July, 1973. The appellants, all...

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