PLATSIS v. E.F. HUTTON & CO., INC.

Nos. 90-1636, 90-1678 and 90-1679.

946 F.2d 38 (1991)

George PLATSIS; George Platsis, P.C., Plaintiffs-Appellants, Cross-Appellees, v. E.F. HUTTON & CO., INC.; Joseph Potvin, Defendants-Appellees, Cross-Appellants.

United States Court of Appeals, Sixth Circuit.

Decided October 2, 1991.

Rehearing and Rehearing Denied November 12, 1991.


Attorney(s) appearing for the Case

George Platsis, Okemos, Mich. (argued and briefed), pro se.

Patrick B. Griffin (argued and briefed), Jonathan D. Stick, Omaha, Neb., William K. Holmes, Warner, Norcross & Judd, Grand Rapids, Mich., Lindsey Miller-Lerman, Omaha, Neb., for defendants-appellees, cross-appellants.

Before JONES and RYAN, Circuit Judges, and PECK, Senior Circuit Judge.


Rehearing and Rehearing En Banc Denied November 12, 1991.

JOHN W. PECK, Senior Circuit Judge.

George Platsis, P.C., a legal professional corporation of which George Platsis was the sole employee and sole shareholder, received a contingency fee of $500,000 in 1980. Platsis consulted defendant Joseph Potvin of E.F. Hutton seeking investments which would allow him to maximize the after-tax return on the award. With Potvin's advice, Platsis invested $245,000 in...

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