INGRAM, Justice.
The plaintiffs—Richard Pizitz, Merritt Pizitz, Jill Pizitz, Richard Pizitz, Jr., and Susan Pizitz Bosshard—sued the defendants—Gilford Partners, H. Robert Holmes, Holmes-Gilford General Partners, and Gilbrooke Associates, Inc.—alleging various violations of the Alabama Securities Act, §§ 8-6-1 through -33, Ala.Code 1975, arising out of the sale of an unregistered security to the plaintiffs' partnership, Pizitz...
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