E.f. Hutton & Company, Inc., Petitioner v. John D. Youngblood, Respondents

Summary

The Texas Supreme Court affirmed the appellate judgment awarding damages under the DTPA but reversed the award of attorney's fees, holding the Youngbloods were not entitled to such fees because they failed to disclose expert witnesses timely and offered no good cause. The Court also held that the Youngbloods' argument that the DTPA does not apply to securities transactions was waived because it was never raised in the lower courts.