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BROWN v. LAIR

No. 07-86-0047-CV.

742 S.W.2d 432 (1987)

Weymon BROWN, Bill A. Dodgin, Richard Pruett, and James T. Thompson, Appellants, v. A.W. LAIR and the Lair Co., Inc., a Texas Corporation, Appellees.

Court of Appeals of Texas, Amarillo.

Rehearing Denied December 31, 1987.

Attorney(s) appearing for the Case

Bonnie J. Schomp, Saunders, Brian, Thomas & Smith, Amarillo, for appellants.

John Mozola, Underwood, Wilson, Berry, Stein & Johnson, Amarillo, for appellees.

Before REYNOLDS, C.J., and DODSON and COUNTISS, JJ.

COUNTISS, Justice.

This is a Texas Securities Act case,1 by which a group of disappointed investors seek recovery of money invested in several unprofitable oil and gas wells. Appellants Weymon Brown, Bill A. Dodgin, Richard Pruett, James T. Thompson, Mildred Cannon and Richardson Investments ("the investors") sued appellees The Lair Co., Inc., ("Lair Co.") and its president, A.W. Lair, on numerous common law and statutory theories, centered...

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