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IN RE ZIMMERMAN

Bankruptcy No. 05-83637, Adversary No. 06-06047.

341 B.R. 77 (2006)

In re Scott M. ZIMMERMAN, Debtor. Cynthia Holland, Individually and as Trustee of the Michael T. Holland, Inc. Pension Plan and Trust; Michael Holland, Individually and as Trustee of the Michael T. Holland, Inc. Pension Plan and Trust, William Keller, Suzanne Keller, Suzan Latona, Carmen Latona, Ed Hall, William Klump, Robert Thorn, Wayne Witter, Jo Ann Worrell, and Richard Worrell, Plaintiffs, v. Scott M. Zimmerman, Defendant.

United States Bankruptcy Court, N.D. Georgia, Atlanta Division.

April 19, 2006.

Attorney(s) appearing for the Case

James C. Cifelli, Chris D. Phillips, Lamberth, Cifelli, Stokes & Stout, P.A., Atlanta, GA, for Plaintiff.

Frank A. Lightmas, Lightmas & Delk, Atlanta, GA, for Plaintiff Cynthia Holland.

Stephen J. Sasine, Atlanta, GA, for Defendant/Debtor.

Thomas R. Todd, Jr., Atlanta, GA, for Mid-South Capital, Inc.

Edwin K. Palmer, Decatur, GA, for trustee.

ORDER

PAUL W. BONAPFEL, Bankruptcy Judge.

The chapter 7 Debtor was a registered securities salesperson and investment adviser representative with MidSouth Capital, Inc. ("MidSouth"), a broker-dealer and member of the National Association of Securities Dealers ("NASD"). The Debtor advised the Plaintiffs with regard to their investment accounts with MidSouth.

The Plaintiffs claim that they collectively lost in excess of $1 million as a result...

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