THE COMMERCIAL BANK v. WILSON

No. 2017-CA-00670-COA.

270 So.3d 136 (2018)

The COMMERCIAL BANK, Appellant, v. SMITH SHELLNUT WILSON LLC, Appellee.

Court of Appeals of Mississippi.

August 7, 2018.


Attorney(s) appearing for the Case

ATTORNEYS FOR APPELLANT: WILLIAM C. HAMMACK , STEPHEN H. KUPPERMAN , LAURENCE D. LESUEUR , MATTHEW RICHARD WATSON .

ATTORNEYS FOR APPELLEE: MARK DANIEL GRIFFIN , LORI H. PATTERSON .

BEFORE LEE, C.J., CARLTON AND WILSON, JJ.


¶ 1. This case arises from $1,850,000 of securities that the Commercial Bank of DeKalb, Mississippi (the Bank) purchased in 2005 and 2007 from third-party securities dealers. The Bank's purchases were made based on recommendations by the Bank's investment advisor, Smith Shellnut Wilson LLC (SSW). The Bank claims...

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