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SHOAF v. WARLICK

1341

298 S.C. 415 (1989)

380 S.E.2d 865

Wayne H. SHOAF and Perry L. Jones, Appellants v. Paul W. WARLICK, Jr., Respondent.

Court of Appeals of South Carolina.

Decided May 30, 1989.

Attorney(s) appearing for the Case

David L. Freeman and Wallace K. Lightsey of Wyche, Burgess, Freeman & Parham, P.A., Greenville, for appellants.

Steven E. Farrar of Leatherwood, Walker, Todd & Mann, Greenville, Joseph B. Haynes and Michael Eric Ross of King & Spaudling, Atlanta, Ga., for respondent.

Heard Feb. 22, 1989.

Decided May 30, 1989.

SHAW, Judge:

Appellants, Wayne H. Shoaf and Perry L. Jones, minority stockholders of the Coca-Cola Bottling Company of Anderson, S.C. (Coke-Anderson) instituted this action against respondent, Paul W. Warlick, Jr., former president, chief executive officer and stockholder of Coke-Anderson. Appellants alleged the respondent breached a fiduciary duty and received an unlawful premium in the sale of his majority...

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