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JONES v. INFOCURE CORP.

Nos. 01-3831, 01-4018.

310 F.3d 529 (2002)

David JONES and Susan Jones, Plaintiffs-Appellants, v. INFOCURE CORPORATION, et al., Defendants-Appellees.

United States Court of Appeals, Seventh Circuit.

Decided November 8, 2002.

Attorney(s) appearing for the Case

Arend J. Abel (Argued), Leagre, Chandler & Millard, Indianapolis, IN, for Plaintiffs-Appellants in 01-3831, 01-4018.

Julia B. Gelinas, Locke Reynolds, Indianapolis, IN, Michael R. Smith (Argued), King & Spalding, Atlanta, GA, for Defendants-Appellees in 01-3831, 01-4018.

Before ROVNER, DIANE P. WOOD, and WILLIAMS, Circuit Judges.

DIANE P. WOOD, Circuit Judge.

David and Susan Jones, former owners of PRISM Data Systems, Inc. (PRISM) entered into a contract to sell PRISM to defendant InfoCure Systems, Inc., in exchange for shares of InfoCure. Unfortunately, the value of InfoCure stock took a nose-dive after the closing date of the transaction. Believing that they had been cheated, the Joneses filed suit for damages, rescission, and an injunction against InfoCure and two of its officers (to whom...

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