GRANT v. WINSTEAD

83-460.

476 So.2d 36 (1985)

Shirley Ruth GRANT, Executrix under the Will of Earl J. Grant, Jr. v. B.R. WINSTEAD, Jr.

Supreme Court of Alabama.

August 30, 1985.


Attorney(s) appearing for the Case

Charles E. Clark of Clark and Caddis, Birmingham, for appellant.

Ollie L. Blan, Jr., of Spain, Gillon, Riley, Tate & Etheredge, Birmingham, for appellee.


ALMON, Justice.

This appeal involves a suit for alleged fraud and violation of fiduciary duty in connection with the purchase of stock by one stockholder/director of a closely-held corporation from another stockholder/director. The jury awarded $300,000 to the plaintiff but the trial court, upon defendant's motion, granted a judgment notwithstanding the verdict or, should that be reversed, a new trial.

The controversy...

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