SOUTER, Associate Justice.
The appellant, Alexander Sherman, and appellee Igor Potapov were among the five principals in the Global Financial Group, Inc., which purchased a financial management firm, Whitehorne and Co., Ltd. Potapov himself had an account there and maintained one as agent for appellee B.A. Makden Corporation.
Whitehorne steered three other clients into short positions in technology stocks while that market sector was booming, and when the...
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