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ELLWOOD v. MID STATES COMMODITIES, INC.

No. 85-1358.

404 N.W.2d 174 (1987)

Richard B. ELLWOOD, Appellant, v. MID STATES COMMODITIES, INC., and Richard L. Rosenquist, Appellees.

Supreme Court of Iowa.

Rehearing Denied May 8, 1987.

Attorney(s) appearing for the Case

Patrick B. Chambers, Webster City, for appellant.

Arthur H. Johnson and James L. Kramer of Johnson, Erb, Latham, Gibb and Carlson, P.C., Fort Dodge, for appellee Mid States Commodities, Inc.

Blake Parker of Parker & Fors, Fort Dodge, for appellee Richard L. Rosenquist.

Considered by REYNOLDSON, C.J., and McGIVERIN, LARSON, LAVORATO and NEUMAN, JJ.

McGIVERIN, Justice.

This appeal involves a complex series of unauthorized commodity futures trading transactions and the consequences of those transactions. Plaintiff Richard Ellwood appeals from denial of recovery on his petition for damages for the unauthorized trading and from the trial court's assessment of damages for related check forgeries by defendant Richard Rosenquist. Defendant Mid States Commodities, Inc., a commodity futures broker, appeals from an adverse...

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