COHEN v. WILLIAM GOLDBERG & CO.

S92G0381.

262 Ga. 606 (1992)

423 S.E.2d 231

COHEN v. WILLIAM GOLDBERG & COMPANY, INC. et al.

Supreme Court of Georgia.

Reconsideration Denied December 17, 1992.


Attorney(s) appearing for the Case

Powell, Goldstein, Frazer & Murphy, Frank Love, Jr., William G. Leonard, James D. Meadows, for appellant.

Gambrell, Clarke, Anderson & Stolz, Irwin W. Stolz, Jr., Bedford, Kirschner & Venker, Andrew R. Kirschner, for appellees.

Michael J. Bowers, Attorney General, Beverly B. Martin, Senior Assistant Attorney General, David I. Adelman, Staff Attorney, amicus curiae.


BELL, Presiding Justice.

This case involves the determination whether certain stock of a closely-held corporation qualifies as a "security" for purposes of the Georgia Securities Act of 1973, OCGA Title 10, Ch. 5, and the federal securities acts. The trial court granted cross-motions for partial summary judgment against all claims stemming from alleged violations of the state and federal securities laws. The Court of Appeals...

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