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MEHL v. OFFICE OF FINANCIAL REGULATION

No. 1D02-4623.

859 So.2d 1260 (2003)

Philip E. MEHL, Jr., and Susan E. Mehl, Appellants, v. OFFICE OF FINANCIAL REGULATION, Appellee.

District Court of Appeal of Florida, First District.

November 25, 2003.

Attorney(s) appearing for the Case

Gary Brookmyer of Brookmyer, Hochman, Probst & Nadeau, P.A., Palm Beach Gardens, for Appellants.

Peter G. Fisher, Senior Attorney, Office of Financial Regulation, Tallahassee, for Appellee.

ERVIN, J.

This is an appeal from a final administrative order entered by the Department of Banking and Finance, predecessor to appellee, Office of Financial Regulation (OFR), which determined that a pay telephone sale and lease-back program marketed and sold to Florida investors by the appellants, Philip E. Mehl, Jr., and Susan E. Mehl, constituted an investment contract, subject to regulation under the Florida Securities and Investor Protection Act (sections 517...

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