HIT PRODUCTS CORP. v. ANCHOR FINANCIAL CORP.

No. Civ.A. 4-97-3799-22.

111 F.Supp.2d 723 (1999)

HIT PRODUCTS CORPORATION, Plaintiff, v. ANCHOR FINANCIAL CORPORATION d/b/a/ the Anchor Bank, Defendant.

United States District Court, D. South Carolina, Florence Division.

October 8, 1999.


Attorney(s) appearing for the Case

Gray Thomas Culbreath, Collins and Lacy, Columbia, SC, Joey McCue, Collins and Lacy, Columbia, SC, for Hit Products Corporation, plaintiff.

Howell V. Bellamy, Jr., Douglas M Zayicek, Bellamy Rutenburg Copeland Epps Gravely and Bowers PA, Myrtle Beach, SC, for Anchor Financial Corporation, defendant.


ORDER

CURRIE, District Judge.

This action arises out of a letter written by Defendant Anchor Bank (hereinafter "Bank") stating that SISCO USA, SISCO Middle East Limited, BIN Mahfooz Trading Co., Gary Jewel, and John Nelson (hereinafter "the SISCO Entities"), were in good financial condition and were long-standing customers. Plaintiff complains that Defendant Bank, a federally insured financial institution, negligently misrepresented the financial situation...

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