10Apr/120

$130million after father bought box with old stock certificate for $5 at garage sale

A California family claims it is owed a $130million stake in Coca-Cola Co after their father bought an antique stock certificate in 2008 for a mere $5.

Tony Marohn spent the final year of his life battling the beverage company after tracing the Palmer Union Oil Co certificate to Coca-Cola.

Marohn died in 2010, but his family has taken on the legal battle, saying it is entitled to about 1.8million shares of the soft drink maker.

Chris Morosoff, who represents Marohn’s estate, spoke of the patriarch's 2009 bargain buy.

'It was definitely $5 or less,' said Mr Morosoff.

'This is what he did... One find was a big deal to him.'

Source: Mail Online

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