Court Opinion

ID: 9681191
Source: CourtListenerOpinion
Date Created: 2023-08-24 07:45:36.978879+00
Date Added: 2024-06-11T18:17:32.505948
License: Public Domain

Robinson, J., dissenting. I dissent for the reason I do not think there is any substantial evidence in the record going to prove that Mr. Kerby intended to defraud anybody. He is over 70 years of age and had been engaged in the insurance business for more than 50 years. From the record it is clear that he knew no more about corporate stocks than the people to whom he was selling the stock. They were all dealing at arm’s length, and even though he may have made some statements about what the ■company owned and what it intended to do in the future, there is nothing to indicate that he did this with the intention of defrauding anyone. In my opinion the case should he reversed and dismissed, and I certainly think it is one where the Governor should give this man some relief.