LLOYD v. PRUDENTIAL SECURITIES

A93A1062.

211 Ga. App. 247 (1993)

438 S.E.2d 703

LLOYD et al. v. PRUDENTIAL SECURITIES, INC. et al.

Court of Appeals of Georgia.

Decided December 3, 1993.


Attorney(s) appearing for the Case

Page & Bacek, Edward J. Dovin, for appellants.

Parker, Hudson, Rainer & Dobbs, David G. Russell, William J. Holley II, Jamie Brownlee-Jordan, Alan M. Wolper, for appellees.


SMITH, Judge.

The appellants are investors in the "Daniel Vinings Landing Limited Partnership" ("partnership"). The appellees have played various roles in the formation, marketing, and operation of the partnership. It is beyond dispute that the partnership was an unprofitable venture for appellants. Seven years after making their initial investments, appellants brought suit alleging fraud, breach of fiduciary duty, and negligent misrepresentation, praying for rescission...

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