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MALOLEY v. SHEARSON LEHMAN HUTTON, INC.

No. S-93-189.

523 N.W.2d 27 (1994)

246 Neb. 701

Lavonne Coash MALOLEY, Appellant, v. SHEARSON LEHMAN HUTTON, INC., and Danny Kay Davis, Appellees.

Supreme Court of Nebraska.

October 21, 1994.

Attorney(s) appearing for the Case

Norman Rifkind and Alan Block, of Beigel & Sandler, Chicago, IL, and James E. Bachman, Omaha, for appellant.

Terrence D. O'Hara and J. Scott Paul, of McGrath, North, Mullin & Kratz, P.C., Omaha, and H. Nicholas Berberian and Robert J. Mandel, of Neal Gerber & Eisenberg, Chicago, IL, for appellees.

HASTINGS, C.J., WHITE, FAHRNBRUCH, and LANPHIER, JJ., and BOSLAUGH, J., Retired.

WHITE, Justice.

From an order granting summary judgment to defendants, Shearson Lehman Hutton, Inc., and Danny Kay Davis, plaintiff, Lavonne Coash Maloley, appeals.

In October 1983, Maloley, a recent widow, had inherited a substantial estate of about $1.5 million from her deceased husband. Desiring financial advice concerning "conservative, secure investments which would produce future income, preserve her capital and result in beneficial tax consequences...

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