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FLEETWOOD CORP. v. MIRICH

No. 3-177A33.

404 N.E.2d 38 (1980)

FLEETWOOD CORPORATION AND REGINALD E. BROWN, Appellants (Defendants below), v. Ernest MIRICH, Pasquale J. Amico, John G. Kolettis, Charles J. Yast and Eugene Leman, Appellees (Plaintiffs below).

Court of Appeals of Indiana, Third District.

May 14, 1980.

Attorney(s) appearing for the Case

Terrance L. Smith, Anthony DeBonis, Jr., Murphy, McAtee, Murphy & Costanza, East Chicago, for appellants.

Nick Katich, Addison, Stoner, Stiles & Katich, Merrillville, for appellee Ernest Mirich.

James T. Walker, Merrillville, for appellees Pasquale J. Amico, John G. Kolettis and Charles J. Yast.

Robert F. Peters, Lucas, Clifford & Holcomb, Merrillville, for appellee Eugene Leman.

HOFFMAN, Judge.

This is an appeal from an action by plaintiffs-appellees Ernest Mirich, Pasquale Amico, John Kolettis, Charles Yast and Eugene Leman against defendants-appellants Reginald Brown and Fleetwood Corporation (Fleetwood) to recover damages for fraud. Plaintiffs charged that Brown falsely represented that all shareholders were required to sell their stock at $500 per share and further misled them as to the source of the funds used to purchase the shares...

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