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

No. 84-3636.

767 F.2d 1498 (1985)

Phillip M. ARCENEAUX and Barbara J. Arceneaux, Plaintiffs-Appellees. v. MERRILL LYNCH, PIERCE, FENNER & SMITH, INC., C. Richard Hill, and Don M. Ribaudo, Defendants-Appellants,

United States Court of Appeals, Eleventh Circuit.

August 12, 1985.

Attorney(s) appearing for the Case

David G. Hanlon, Tampa, Fla., for defendants-appellants.

Robert Dyer, Orlando, Fla., for plaintiffs-appellees.

Before RONEY and FAY, Circuit Judges, and DUMBAULD, District Judge.

FAY, Circuit Judge:

Appellants challenge on appeal the jury verdict and certain rulings by the district court, 595 F.Supp. 171, in this "churning" suit, alleging violations of federal and state securities laws, breach of fiduciary duty and gross negligence. Specifically, appellants contend that the jury's verdict in favor of the plaintiffs was not supported by substantial evidence, the jury's rejection of appellants' affirmative...

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