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LANDERNO v. FIRST SEC. CORP.

No. 91-793.

609 So.2d 266 (1992)

Willard LANDERNO and Ezen Landerno, Plaintiffs-Appellees, v. FIRST SECURITY CORPORATION, et al., Defendants-Appellants.

Court of Appeal of Louisiana, Third Circuit.

Rehearing Denied December 22, 1992.

Writ Denied March 12, 1993.

Attorney(s) appearing for the Case

Cave & McKay, Donald G. Cave, Baton Rouge, for defendant/appellant.

Guglielmo, Lopez, Tuttle, Hunter & Jarrell, John R. Walker, Opelousas, for plaintiff/appellee.

Before DOMENGEAUX, C.J., LABORDE, J., and PATIN J. Pro Tem.

JOHN A. PATIN, Judge Pro Tem.

Willard and Ezen Landerno brought action against First Security Corporation, Gale Monroe and Terry Vidrine to recover the purchase price of 5,000 shares of stock. Plaintiffs allege the stock sold to them and the salesman of the stock, were not registered with the Louisiana Securities Commission and that they were induced to buy the stock by misrepresentations of fact on the part of defendants.

After a bench trial judgment was...

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