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KOORS v. GREAT SOUTHWEST FIRE INS. CO.

No. 29A02-8708-CV-00315.

530 N.E.2d 780 (1988)

Edward H. KOORS, et al., Appellant (Plaintiff), v. GREAT SOUTHWEST FIRE INSURANCE COMPANY, Appellee (Defendant). Donald E. Hedrick, et al., Appellant (Defendant), v. Edward H. Koors, et al., Appellee (Plaintiff).

Court of Appeals of Indiana, Second District.

December 1, 1988.

Attorney(s) appearing for the Case

Michael J. Tosick, Free, Brand, Tosick & Allen, Greenfield, for Edward H. Koors, et al.

Vance Hartke, Hartke & Hartke, Falls Church, Va., for Donald E. Hedrick, et al.

Robert W. Geddes, Michael E. Simmons, Hume, Smith, Geddes & Green, Indianapolis, for Great Southwest Fire Ins. Co.

BUCHANAN, Judge.

CASE SUMMARY

This is a consolidated appeal arising from an action brought by a class of investors, Edward H. Koors, et al. (Investors), against certain directors and officers of Brown County Ski Mountain Resort (the Resort) to recover their investment, based on allegations that the sale of the securities of the Resort was in violation of the Indiana Securities Act. The trial court granted summary judgment in favor of the Investors and against...

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