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HOBBS v. PRINCIPAL FINANCIAL GROUP, INC.

No. A97A1748.

497 S.E.2d 243 (1998)

230 Ga. App. 410

HOBBS et al. v. PRINCIPAL FINANCIAL GROUP, INC. et al.

Court of Appeals of Georgia.

February 2, 1998.

Attorney(s) appearing for the Case

Taylor & Taylor, Leah O. Taylor, Prattville, John P. Tucker, Jr., Blue Ridge, for appellants.

Magill & Bondurant, Elizabeth J. Bondurant, Atlanta, for appellees.

Ernie M. James, pro se.

ANDREWS, Chief Judge.

William and Betty Hobbs sued Principal Financial Group, Inc. and Principal Mutual Life Insurance Company (jointly referred to as Principal) alleging that, while Ernie Malcolm James was acting as an agent of Principal, he fraudulently induced them to invest money in the "Principal Manager's Fund," a nonexistent investment fund which he falsely told them was a Principal fund. The Hobbses' suit, which...

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