NERMAN v. ALEXANDER GRANT & CO.

Nos. 90-1893, 90-1931.

926 F.2d 717 (1991)

Lewis NERMAN, Jerome Nerman, Larry Spitcaufsky, Arrow Truck Sales, Inc., Emmett R. Davis, Robert and Jean Gentle, Allan E. Hall, Mrs. Louis Kaplan, Barney Karbank, Gerald Rabin, Mrs. Melvin Spitcaufsky, Cleo L. Shaw, Richard Lee Shaw, Marty Dubowy and Mark Dubowy, individually and d/b/a M & M Investments, Sam Price and Steve Price, individually and d/b/a Sam and Steve Price Joint Venture, and Lewis Nerman, Jerome Nerman, Larry Spitcaufsky, and Mrs. Melvin Spitcaufsky, as shareholders for Arrow Fleet Sales, Inc., Appellants, v. ALEXANDER GRANT & COMPANY, now known as Grant Thornton, Joseph J. Haith, John C. Burke, individually and as representative of the defendant class of Grant Thornton Partners, Appellees. Michael L. ALBERT, Gerald R. Livingston, Nels D. Eliason, Bernard Magid, Robert Holmes, James Nesci, Myron "Mike" Milder, Jerome Milder, Appellees, v. GRANT THORNTON (formerly Alexander Grant), a general partnership, John C. Burke, Joseph J. Haith, Appellants.

United States Court of Appeals, Eighth Circuit.

Decided February 21, 1991.


Attorney(s) appearing for the Case

James P. Keller, St. Louis, Mo., for appellants.

Alan S. Rutkoff, Chicago, Ill., for appellees.

Before BEAM, BRIGHT, Senior Circuit Judge, and WOODS, District Judge.


HENRY WOODS, District Judge.

I. INTRODUCTION

The district court1 granted the defendants' motion for summary judgment on the plaintiffs' state claims for fraud and negligence in two virtually identical cases, consolidated for trial.2 The plaintiffs in Lewis Nerman, et al. v. Alexander Grant & Company, et al. have appealed the district court's order...

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