FLETCHER, Judge.
Medical Research Industries, Inc. [MRI] was a Florida corporation in the business of marketing medical products, intending to raise money for capital improvements through the sale of shares via private placement memoranda. The majority shareholder, CEO, Chairman, secretary, treasurer, and director of MRI, William Tishman, consulted his attorney at Parker and Platt [P & P] for corporate legal advice. P & P recommended the services of certain...
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