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DAIN BOSWORTH INC. v. GOETZE

No. C3-85-416.

374 N.W.2d 467 (1985)

DAIN BOSWORTH INCORPORATED, Appellant, and Fred Friswold, et al., Defendants on Counterclaims, Appellants, v. Sandi GOETZE, individually and Sandi Goetze, as custodian for Jenny Raines Goetze, a minor, Defendant and Counterclaimant, Respondent.

Court of Appeals of Minnesota.

September 17, 1985.

Attorney(s) appearing for the Case

James B. Lynch, Dorsey & Whitney, Minneapolis, for Dain Bosworth Inc.

James B. Lynch, Dorsey & Whitney, Minneapolis, for Fred Friswold, et al.

Gregory T. Spalj, Minneapolis, for respondent.

Heard, considered and decided by WOZNIAK, P.J., and PARKER and LESLIE, JJ.

OPINION

WOZNIAK, Judge.

Appellant, Dain Bosworth Incorporated, sued respondent, Sandi Goetze, for the conversion of 800 dividend shares of ADAC Labs stock. The trial court found that Goetze converted 350 of the shares and awarded Dain its actual damages for the conversion, plus prejudgment interest. The trial court held, however, that Dain was equitably estopped from recovering the remaining converted shares because Dain failed to advise Goetze before she...

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