BROWN v. E.F. HUTTON GROUP, INC.

No. 824, Docket 92-7780.

991 F.2d 1020 (1993)

Kay N. BROWN; Gilbert Fennema; Minnie G. Fennema; Harold J. Lemmon; Marjorie T. Miller; William C. Findt; William G. Brown; Loyette Eby; David Lawrence; Charles W. Manz, As Trustee for the Manz Family Trust; Jules Belkin; Tony Arlotti; Rita G. Thye; Richard O. Slutzky; Alyson Slutzky; Judith Alterman; Central Machine & Welding, Inc.; George F. Robinson; Margaret B. Sealander; Valerie R. Lynn; Ralph Madoff; Lily Madoff; Ralph G. Bock; Glen M. Carlson; Nila Carlson; Frederick H. Duffield; Elizabeth D. Duffield; Richard J. Paetz; Luana Borchers; Emerson Eby; Madeline Shields; Albert W. Shields; Rosemarie Cobb; Joyce V. Moorehouse; Mary K.O. Sanders; Harry J. Beyer; Elizabeth Beyer, As Trustees for the Beyer Family trust under agreement dated 11/28/77; Gerald K. Doman; Gary E. Fischer; Esther W. Fischer; Fred T. Baker; Richadean M. Burrows, As Trustee for the Richadean M. Burrows Trust under Declaration of trust dated 12/19/86; Elizabeth S. Peeler; Melvin W. Sewell; Lela H. Sewell; Richard F. Bleau; Kathleen A. Bleau; Janice J. Bowen; Arthur H. Smith, Jr.; Anna Johnell Crimen; Wayne C. Schmidt; Robert L. Duff; Donald K. Fischer; James R. Cooper; Marguerite C. Cooper; Floyd J. Lyne; Carolyn L. Lyne; Ralph A. Sternberg; Meta L. Sternberg; A. Joseph Creston; T. Josephine Creston; Donald M. Shegrud; Donald S. Kyle; Jeanniette A. Kyle; Rita P. Brown; Ivan R. Bowers; Dora J. Bowers; Ralston B. Brown; Jean M. Brown; Robert F. Papenmeier; Judy A. Papenmeier; Thomas Mathew, Dr.; Albert W. Beiser; Karolyn K. Kufeld; Roland C. Kufeld; William M. Smith; Maurice W. Keating; Brooks Pool Company, Inc.; Scott C. Crawley; Owen T. Crawley; Lou Craig; Rudy J. Garbien; Josephine M. Garbien; Paul Mangold; Imogene Mangold; Robert J. Whitten; Della D. Whitten; John W. Claughton; Thomas M. Stout; Marilyn K. Stout; Louis A. Caporale; Milton R. Darling; Dolores W. Darling; R.K. Nair, M.D., As Trustee of the R.K. Nair, M.D. Pension & Profit Sharing Plan; Frank N. Grateau; Virginia W. Grateau; Burr R. Carlson; Carol D. Carlson; John N. Bailey; James C. Roberts; Vivian R. Roberts; James Wilkinson; Adolph Albert Pezoldt; Sandra E. Pezoldt; Charles R. Hartwig; Scott B. Edmonds; Thelma Hemenway; Robert A. Brandon; Ruth J. Brandon; Anne Z. Burgess; Frances S. Hardin, As Trustee for the Frances S. Hardin living trust; Merle C. Johnson; Beverly A. Johnson; James A. Lowry; Shirley L. Allen; Charles I. Trinrud, As Trustee of the Charles I. Trinrud trust under declaration of trust dated 12/16/83; John J. Kokemor, M.D.; Leslie Mayberry; Harvey S. Wright; June E. Jarmer, As Trustee of the June E. Jarmer Revocable Trust; Edward F. Johnston; Francine E. Johnston; Billy L. Cone; Judy A. Cone; Joe E. Vetter; Betty M. Vetter; Georgene L. Creagor; Rom S. Charmin; Paul Farver; Gwendolyn Farver; Samuel M. Feller; Renate Bauer; Joseph J. Falsia; Angelene Antolini; Jack L. Keyes; Norman J. Hull; Elizabeth K. Hull; Sophia H. Quick; Edward J. Santucci; Janet A. Santucci; Nancy C. Davis; John T. Weiller; Sharinne S. Weiller; Chester J. Holmes; Robert F. Martin; Ragnheidur L. Martin; Louis T. Perry; E. Jean Crowell; John H. Crowell; Armando B. Sorchini; Doris D. Meyers; Robert F. Olivere; Marilyn Hess Olivere; Jeanne A. Hockert; Eric G. Koskoff; Sandra L. Koskoff; R.C. Fretz, M.D., As Trustee for R.C. Fretz, M.D., Inc. Pension Plan & Trust; Maynard J. Mitchell; Pauline J. Mitchell; Dorothy Price; James A. Kosa; Donald Kosa; Walter R. Gardner; Dorothy Mae Gardner; Betty C. Popp; Faye McAllister; Dale A. McAllister; Bernard L. Gburek; Celina Gburek; Ervin B. Whitt; Jacqueline P. Whitt; Katherine N. Ase; Norma Jensen; Darrell L. Jensen; Clyde L. Metsinger; Ruth A. Metsinger; John F. Queenan; Leon A. Dale; Arlene R. Dale; Muriel A. Link; Merrill D. Round, Jr.; Deborah Taras; Max L. Fisher; Robert J. Blackburn; First Interstate Bank of Billings, N.A., As Successor Trustee of the William C. Alexander 1982 Revocable Trust; Wilbur L. Vanneste; Elaine A. Greenwood; Cecil E. Cross, D.D.S.; Alice Faye Cross; Thomas R. Jordan; Barbara L. Jordan; James A. Ardaiolo; Mary Lou Percy; Charles W. Mettler; Doris E. Lemmon; Earl L. Headworth; Harriet L. Headworth; Marilyn B. Johnson; Marshall J. Spencer; Helen S. Godwin; Landers Finseth; Dorothy Finseth; John C. Wilson; Betty G. Wilson; Lewis R. West; Janet B. West; Daniel R. Howe, As Trustee for the Daniel R. Howe trust under agreement dated 2/2/69 for the benefit of Daniel R. Howe; Don L. McDermott; Hubert P. Richter; Jeanne M. Richter; Marlene A. Radloff; Russell W. Eckman; Loretta C. Eckman; Martha I. Pickersgill; Joseph K. Johnson; Chester Kwiatt, As Trustee of the Chester Kwiatt trust under agreement dated 1/22/85; George E. Chorba; Hilda K. Chorba; Donald G. Bergey, As Trustee for Geoffrey D. Bergey and Colin D. Bergey; Herbert O. Beadle, Jr.; Catherine B. Beadle; Mary Frances Sutherland, As Trustee for the James Hobart Dunlap Trust 2; Peter J. Caggiano; Richard L. Heintz, As Trustee of the William & Heintz Map Corporation; Heintzvisitype Profit Sharing Trust; Paul A. Jacobsen; Elsie M. Jacobsen; Francis P.A. Williams; Elsie B. Williams; William N. Spangler; Thomas I. Fritts; Joyce P. Fritts; Phillip T. Schaefer; Richard L. Morris; Katherine J. Morris; John E. Proctor; Robert J. Koperwhats; Martha A. Koperwhats; Paul A. Landrum; Delores A. Landrum; David C. Koerber; Peter Frantzis; Catherine E. Frantzis; Frances L. Belko; Coetta McNeal Thomas; Nancy E. Szot; Thomas W. Barnard, As Trustee for Jennifer Lynn Barnard; Carol S. Barnard, As Trustee for Kristen Shell Barnard; Bernadine E. Ruof; Donald C. Kamsler; Mary Belle Kamsler; Edith M. Dyer; Ruth A. Dickson; John R. Farquhar; Doris M. Farquhar; Robert C. Kraxner; John H. Weitz; Robert W. Wilson; Edith E. Wilson; Joseph Croce; N. Ruth Reed; Elizabeth A. Richardson; Lawrence M. Halverson; Ferne P. Halverson; Clarence C. Hanson; Grace J. Hanson; Harry W. Hopes; Frances P. Hopes; Betty L. Shaw; James C. Stone; Michael Maffioli; Bobbie N. Hart; Charles T. Ames; John J. Moore, III; Frederic A. Riegel; Alice P. Riegel; Ellen R. Oakes, As Trustee for the Ellen R. Oakes, Ph.D., Inc., profit sharing plan; John Kovas; Carol Lindberg; Eric I. Pas; Michele J. Pas; Elma Crowley; John W. Butler; Harvey Gene Shackelford; Gary J. Skaff; Andrew G. Teacherson; Elaine A. Teacherson; George S. Deavor; Margaret A. Deavor; Paul V. Kellman; Evelyn R. Kellman, As Trustees of the Kellman 1985 trust; Ronald A. Millett; Joyce D. Millett; Albert K. Earnest; David A. MacAfee; Robert Stanton, As Trustee for the Stanton Real Estate, Inc., pension plan; Jerry L. McQuiston; David Moehlman; Jean D. Moehlman; John N. Lester; Dawn C. Lester, As Trustee of the John N. and Dawn C. Lester trust; Louis G. Cramer; Sarah E. Cramer; Frederick E. Jackson; Janet C. Jackson; Earnest E. Moore; Betty Moore; Leonard C. Vogel; Dennis K. Dang; Anthony Pisciotta; Cornelita Pisciotta; Lillian A. Newton; Dorothy M. Gary; Morton Daftary; Myriam Daftary; William J. Powell; Stanley R. Arnold; Judy E. Arnold; Frances Marie Kotsch; Arly M. Sills; William T. Taylor; Virginia C. Hughes; Benjamin W. Vallat, Jr.; M. Lorraine Vallat, As Trustee of the Vallat Family trust dated 2/6/76; Paul A. Johnson; Saranne O. Johnson; Joseph B. Schmelzle, As Trustee for the benefit of Joseph B. Schmelzle; Julia Ann Costa, As Trustee for Joseph Edwin Costa; Gladys M. Federspiel; Carolyn F. Lagomarsino; Donald L. Hunton; Dean G. Fesette; Lloyd R. Golden, As Trustee for the Golden Family trust; Freda L. Schmelzle, As Trustee for the benefit of Freda L. Schmelzle; Douglas B. Zubrin; Bettina Wyman; Carol Ann Fischer Matscherz; Leola A. Shaw; Flowers Wilson; Sam McClain; Christine M. McClain; Ory C. Pranger; Gail A. Hoeldt; Katherine McCall; Mary M. Warner; William F. Lolli, D.D.S., As Trustee of the William F. Lolli, D.D.S. Corporation; Beatrice A. McNamara; Judy Heady; Jack Lisabeth; Evelyn Lisabeth; Margaret B. Morrow; Frederick Carleton Hutchins, P.T.; Donald H. Blowers; James H. Reynolds; Sara S. Reynolds; Alvera Schultz; Hoyt N. McPherson; Dorothy A. Young; Tura M. Kleiger; Frank T. Seil; Irene Seil; Edwin Gienger; Virginia Gienger; A.E. Caswell; J. Rodney Wilson; Robert Gottlieb; Lois D. Gottlieb, As Trustees of the Gottlieb Family trust dated 6/25/86; Clyde Barks; Emma Barks; Nadine Schwartz; Lee J. Dewitt; Edna L. Dewitt; Suzanne B. Fyvolent; Don H. Cox; Carolyn O. Cox; Ray V. Work; Katherine L. Work; Catherine D. Nolan; Henry M. Nelson; Barbara W. Nelson; George W. Holton; Donald S. Fowler; Mary L. Fowler; Gloria B. Hendrickson; Thelma D. Jacks; Dallis C. Nickell; Charles L. Ging; Myrtle C. Ging; Bernard Maas; Stanley J. Dzialowy; Ann Dzialowy; Joseph J. Force; Margaret A. Force; Audrey J. Cannon; Richard A. Rudy; Diane Rudy; Joseph G. Alders; Lorraine M. Marcus; Kenneth S. Kornblum, D.D.S., As Trustee for Kenneth S. Kornblum, D.D.S., Inc. profit sharing plan; Malcom A. Rea; Argyle Q. O'Brien, D.D.S.; Carol A. O'Brien; Mary Kathleen Baird; Ernest N. Wallace; Robert Watson; H. Reba Watson; Alex V. Streltzov; Carolina G. De Hoyos; Corrine M. De Hoyos; Janice W. Hagen; Frank S. Brooks; Nancy G. Brooks; Jacqueline J. Kelly; Alice L. Mueller, As Trustee for the Benefit of Dean R. Johnson; Gary T. Johnson; Mark C. Johnson; Everett E. Roberts; Dorothy B. Roberts; Carl W. Fisher; Thomas C. Borreson; Luciano Tucci; Barbara J. Pariente; Louis M. Silber; Gerald W. Jewell; Vonetta J. Jewell; Mildred L. Stromberg; Jean E. Anderton; George G. Sause; Evelyn Sause; John D. Hiscox; Eleanor G. Walkney; Robert L. Sherman; Abbie J. Sherman; Burt A. Kaufman; Paulette Kaufman; Lawrence R. Wiskirchen; Alice Ann Wiskirchen; Harold D. Wells; Margaret J. Wells, As Trustees under declaration of trust 1987-1 dated 4/21/87; Helen L. Riley; Kenneth D. Heun; Michael M. Kronberg; Elinor Kronberg; Gloria R. Penico; Maureen Rutherfurd; Lajeanne T. Gilmer; Ellwyn Bailey; Paul W. Laube; Mary R. Laube; Virginia McKemie Belt, As Trustee for Cal Trust; Emmett S. Orange; James R. Somerville; Joyce M. Somerville; Michele A. Young; Godfrey Brown Desha, As Trustee under agreement dated 10/10/82; Eiloise Marie Desha, As Trustee under agreement dated 10/10/82; Marie T. Haffey; Charlotte L. Timmons; Robert H. Staley; Lois M. Pool; George H. Stoddard; Ella D. Stoddard; Gerald J. Conte, As Trustee for the Gerald J. Conte trust under agreement dated 6/19/87 for the benefit of Gerald J. Conte; Dorothy J. Davies; Barbara G. Harness; Hilton M. Grier, As Trustees for the Barbara G. Harness trust; Chris Eirich; Molly Eirich; James Sportelli; Louis G. Bencze; Rebecca C. Bencze; Gail E. Vandyke; Roland E. Hardee; Edith R. Hardee; Troy L. Sorensen; Marian R. Sorensen; Robert B. Smith; Jean D. Smith; Keith Groves; Veneda Groves; Ada Marie Curry, As Trustee of the Ada Marie Curry trust; Viola B. Moore; Sheila Gallagher; Warren W.F. Thrun; Dolores Thrun; Terrie L. Gregis; Dorothy A. Clements; John D. Winters; Kathleen Winters, As Trustees for the John D. Winters Family trust; James E. Dunn; Bluefield Urology, Inc.; Gordon F. Brown; Marian S. Brown; C. Downey Price, M.D.; Edna B. Price, as Trustees, for the benefit of Conroe Eye Associates Pension Plan & Trust; Barry S. Martin; Robert G. Dinsbier; Althea N. Putnam; Joel D. Anderson; Lynell M. Anderson; Clegg B. Rowley; Rose Salzano; Erval R. Howard; Robert W. Mangold; Max Medoff; Ben A. Ayers; Genevieve T. Ayers; Arthur N. Shiro; Gay Burch; Robert E. Fraser; Robert J. Salzer; Margaret M. Salzer; Story Musgrave; John R. Leonhard; Arthur L. Schwenneker; Anita M. Schwenneker; John David Rathbone; Vera T. Rathbone; Stephen W. Gleave; Patricia S. Gleave; Paul J. Roberts; Brenda S. Roberts; Marvin E. Sands, As Trustee for the Joe E. Fritzlen trust; Michael Coatney; Cathleen Coatney; Russell A. Jaeger; Lois S. Jaeger; Dwayne E. Dobson; Beatrice Ricker; Charles C. Goetz; Miriam B. Robins; Anthony P. Ragonetti; Kay N. Brown; Gilbert Fennema; Minnie G. Fennema; Harold J. Lemmon; Marjorie T. Miller; William C. Findt; William G. Brown; Loyette Eby; David Lawrence; Charles W. Manz, As Trustee for the Manz Family trust; Jules Belkin; Tony Arlotti; Rita G. Thye; Richard O. Slutzky; Alyson Slutzky; Judith Alterman; Central Machine & Welding, Inc.; George F. Robinson; Margaret B. Sealander; Valerie R. Lynn; Ralph Madoff; Lily Madoff; Ralph G. Bock; Glen M. Carlson; Nila Carlson; Frederick H. Duffield; Elizabeth D. Duffield; Richard J. Paetz; Luana Borchers; Emerson Eby; Madeline Shields; Albert W. Shields; Rosemarie Cobb; Joyce V. Moorehouse; Mary K.O. Sanders; Harry J. Beyer; Elizabeth Beyer, As Trustees for the Beyer Family trust under agreement dated 11/28/77; Gerald K. Doman; Gary E. Fischer; Esther W. Fischer; Fred T. Baker; Richadean M. Burrows, As Trustee for the Richadean M. Burrows Trust under Declaration of trust dated 12/19/86; Elizabeth S. Peeler; Melvin W. Sewell; Lela H. Sewell; Richard F. Bleau; Kathleen A. Bleau; Janice J. Bowen; Arthur H. Smith, Jr.; Anna Johnell Crimen; Wayne C. Schmidt; Robert L. Duff; Donald K. Fischer; James R. Cooper; Marguerite C. Cooper; Floyd J. Lyne; Carolyn L. Lyne; Ralph A. Sternberg; Meta L. Sternberg; A. Joseph Creston; T. Josephine Creston; Donald M. Shegrud; Donald S. Kyle; Jeanniette A. Kyle; Rita P. Brown; Ivan R. Bowers; Dora J. Bowers; Ralston B. Brown; Jean M. Brown; Robert F. Papenmeier; Judy A. Papenmeier; Thomas Mathew, Dr.; Albert W. Beiser; Karolyn K. Kufeld; Roland C. Kufeld; William M. Smith; Maurice W. Keating; Brooks Pool Company, Inc.; Scott C. Crawley; Owen T. Crawley; Lou Craig; Rudy J. Garbien; Josephine M. Garbien; Paul Mangold; Imogene Mangold; Robert J. Whitten; Della D. Whitten; John W. Claughton; Thomas M. Stout; Marilyn K. Stout; Louis A. Caporale; Milton R. Darling; Dolores W. Darling; R.K. Nair, M.D., As Trustee of the R.K. Nair, M.D. Pension & Profit Sharing Plan; Frank N. Grateau; Virginia W. Grateau; Burr R. Carlson; Carol D. Carlson; John N. Bailey; James C. Roberts; Vivian R. Roberts; James Wilkinson; Adolph Albert Pezoldt; Sandra E. Pezoldt; Charles R. Hartwig; Scott B. Edmonds; Thelma Hemenway; Robert A. Brandon; Ruth J. Brandon; Anne Z. Burgess; Frances S. Hardin, As Trustee for the Frances S. Hardin living trust; Merle C. Johnson; Beverly A. Johnson; James A. Lowry; Shirley L. Allen; Charles I. Trinrud, As Trustee of the Charles I. Trinrud trust under declaration of trust dated 12/16/83; John J. Kokemor, M.D.; Leslie Mayberry; Harvey S. Wright; June E. Jarmer, As Trustee of the June E. Jarmer Revocable Trust; Edward F. Johnston; Francine E. Johnston; Billy L. Cone; Judy A. Cone; Joe E. Vetter; Betty M. Vetter; Georgene L. Creagor; Rom S. Charmin; Paul Farver; Gwendolyn Farver; Samuel M. Feller; Renate Bauer; Joseph J. Falsia; Angelene Antolini; Jack L. Keyes; Norman J. Hull; Elizabeth K. Hull; Sophia H. Quick; Edward J. Santucci; Janet A. Santucci; Nancy C. Davis; John T. Weiller; Sharinne S. Weiller; Chester J. Holmes; Robert F. Martin; Ragnheidur L. Martin; Louis T. Perry; E. Jean Crowell; John H. Crowell; Armando B. Sorchini; Doris D. Meyers; Robert F. Olivere; Marilyn Hess Olivere; Jeanne A. Hockert; Eric G. Koskoff; Sandra L. Koskoff; R.C. Fretz, M.D., As Trustee for R.C. Fretz, M.D., Inc. Pension Plan & Trust; Maynard J. Mitchell; Pauline J. Mitchell; Dorothy Price; James A. Kosa; Donald Kosa; Walter R. Gardner; Dorothy Mae Gardner; Betty C. Popp; Faye McAllister; Dale A. McAllister; Bernard L. Gburek; Celina Gburek; Ervin B. Whitt; Jacqueline P. Whitt; Katherine N. Ase; Norma Jensen; Darrell L. Jensen; Clyde L. Metsinger; Ruth A. Metsinger; John F. Queenan; Leon A. Dale; Arlene R. Dale; Muriel A. Link; Merrill D. Round, Jr.; Deborah Taras; Max L. Fisher; Robert J. Blackburn; First Interstate Bank of Billings, N.A., As Successor Trustee of the William C. Alexander 1982 Revocable Trust; Wilbur L. Vanneste; Elaine A. Greenwood; Cecil E. Cross, D.D.S.; Alice Faye Cross; Thomas R. Jordan; Barbara L. Jordan; James A. Ardaiolo; Mary Lou Percy; Charles W. Mettler; Doris E. Lemmon; Earl L. Headworth; Harriet L. Headworth; Marilyn B. Johnson; Marshall J. Spencer; Helen S. Godwin; Landers Finseth; Dorothy Finseth; John C. Wilson; Betty G. Wilson; Lewis R. West; Janet B. West; Daniel R. Howe, As Trustee for the Daniel R. Howe trust under agreement dated 2/2/69 for the benefit of Daniel R. Howe; Don L. McDermott; Hubert P. Richter; Jeanne M. Richter; Marlene A. Radloff; Russell W. Eckman; Loretta C. Eckman; Martha I. Pickersgill; Joseph K. Johnson; Chester Kwiatt, As Trustee of the Chester Kwiatt trust under agreement dated 1/22/85; George E. Chorba; Hilda K. Chorba; Donald G. Bergey, As Trustee for Geoffrey D. Bergey and Colin D. Bergey; Herbert O. Beadle, Jr.; Catherine B. Beadle; Mary Frances Sutherland, As Trustee for the James Hobart Dunlap Trust 2; Peter J. Caggiano; Richard L. Heintz, As Trustee of the William & Heintz Map Corporation; Heintzvisitype Profit Sharing Trust; Paul A. Jacobsen; Elsie M. Jacobsen; Francis P.A. Williams; Elsie B. Williams; William N. Spangler; Thomas I. Fritts; Joyce P. Fritts; Phillip T. Schaefer; Richard L. Morris; Katherine J. Morris; John E. Proctor; Robert J. Koperwhats; Martha A. Koperwhats; Paul A. Landrum; Delores A. Landrum; David C. Koerber; Peter Frantzis; Catherine E. Frantzis; Frances L. Belko; Coetta McNeal Thomas; Nancy E. Szot; Thomas W. Barnard, as Trustee for Jennifer Lynn Barnard; Carol S. Barnard, As Trustee for Kristen Shell Barnard; Bernadine E. Ruof; Donald C. Kamsler; Mary Belle Kamsler; Edith M. Dyer; Ruth A. Dickson; John R. Farquhar; Doris M. Farquhar; Robert C. Kraxner; John H. Weitz; Robert W. Wilson; Edith E. Wilson; Joseph Croce; N. Ruth Reed; Elizabeth A. Richardson; Lawrence M. Halverson; Ferne P. Halverson; Clarence C. Hanson; Grace J. Hanson; Harry W. Hopes; Frances P. Hopes; Betty L. Shaw; James C. Stone; Michael Maffioli; Bobbie N. Hart; Charles T. Ames; John J. Moore, III; Frederic A. Riegel; Alice P. Riegel; Ellen R. Oakes, As Trustee for the Ellen R. Oakes, Ph.D., Inc., profit sharing plan; John Kovas; Carol Lindberg; Eric I. Pas; Michele J. Pas; Elma Crowley; John W. Butler; Harvey Gene Shackelford; Gary J. Skaff; Andrew G. Teacherson; Elaine A. Teacherson; George S. Deavor; Margaret A. Deavor; Paul V. Kellman; Evelyn R. Kellman, As Trustees of the Kellman 1985 Trust; Ronald A. Millett; Joyce D. Millett; Albert K. Earnest; David A. MacAfee; Robert Stanton, As Trustee for the Stanton Real Estate, Inc., pension plan; Jerry L. McQuiston; David Moehlman; Jean D. Moehlman; John N. Lester; Dawn C. Lester, As Trustee of the John N. and Dawn C. Lester trust; Louis G. Cramer; Sarah E. Cramer; Frederick E. Jackson; Janet C. Jackson; Earnest E. Moore; Betty Moore; Leonard C. Vogel; Dennis K. Dang; Anthony Pisciotta; Cornelita Pisciotta; Lillian A. Newton; Dorothy M. Gary; Morton Daftary; Myriam Daftary; William J. Powell; Stanley R. Arnold; Judy E. Arnold; Frances Marie Kotsch; Arly M. Sills; William T. Taylor; Virginia C. Hughes; Benjamin W. Vallat, Jr.; M. Lorraine Vallat, As Trustee of the Vallat family trust dated 2/6/76; Paul A. Johnson; Saranne O. Johnson; Joseph B. Schmelzle, As Trustee for the benefit of Joseph B. Schmelzle; Julia Ann Costa, as Trustee for Joseph Edwin Costa; Gladys M. Federspiel; Carolyn F. Lagomarsino; Donald L. Hunton; Dean G. Fesette; Lloyd R. Golden, As Trustee for the Golden Family trust; Freda L. Schmelzle, As Trustee for the benefit of Freda L. Schmelzle; Douglas B. Zubrin; Bettina Wyman; Carol Ann Fischer Matscherz; Leola A. Shaw; Flowers Wilson; Sam McClain; Christine M. McClain; Ory C. Pranger; Gail A. Hoeldt; Katherine McCall; Mary M. Warner; William F. Lolli, D.D.S., As Trustee of the William F. Lolli, D.D.S. Corporation; Beatrice A. McNamara; Judy Heady; Jack Lisabeth; Evelyn Lisabeth; Margaret B. Morrow; Frederick Carleton Hutchins, P.T.; Donald H. Blowers; James H. Reynolds; Sara S. Reynolds; Alvera Schultz; Hoyt N. McPherson; Dorothy A. Young; Tura M. Kleiger; Frank T. Seil; Irene Seil; Edwin Gienger; Virginia Gienger; A.E. Caswell; J. Rodney Wilson; Robert Gottlieb; Lois D. Gottlieb, As Trustees of the Gottlieb Family trust dated 6/25/86; Clyde Barks; Emma Barks; Nadine Schwartz; Lee J. Dewitt; Edna L. Dewitt; Suzanne B. Fyvolent; Don H. Cox; Carolyn O. Cox; Ray V. Work; Katherine L. Work; Catherine D. Nolan; Henry M. Nelson; Barbara W. Nelson; George W. Holton; Donald S. Fowler; Mary L. Fowler; Gloria B. Hendrickson; Thelma D. Jacks; Dallis C. Nickell; Charles L. Ging; Myrtle C. Ging; Bernard Maas; Stanley J. Dzialowy; Ann Dzialowy; Joseph J. Force; Margaret A. Force; Audrey J. Cannon; Richard A. Rudy; Diane Rudy; Joseph G. Alders; Lorraine M. Marcus; Kenneth S. Kornblum, D.D.S., As Trustee for Kenneth S. Kornblum, D.D.S., Inc. profit sharing plan; Malcom A. Rea; Argyle Q. O'Brien, D.D.S.; Carol A. O'Brien; Mary Kathleen Baird; Ernest N. Wallace; Robert Watson; H. Reba Watson; Alex V. Streltzov; Carolina G. De Hoyos; Corrine M. De Hoyos; Janice W. Hagen; Frank S. Brooks; Nancy G. Brooks; Jacqueline J. Kelly; Alice L. Mueller, As Trustee for the benefit of Dean R. Johnson; Gary T. Johnson; Mark C. Johnson; Everett E. Roberts; Dorothy B. Roberts; Carl W. Fisher; Thomas C. Borreson; Luciano Tucci; Barbara J. Pariente; Louis M. Silber; Gerald W. Jewell; Vonetta J. Jewell; Mildred L. Stromberg; Jean E. Anderton; George G. Sause; Evelyn Sause; John D. Hiscox; Eleanor G. Walkney; Robert L. Sherman; Abbie J. Sherman; Burt A. Kaufman; Paulette Kaufman; Lawrence R. Wiskirchen; Alice Ann Wiskirchen; Harold D. Wells; Margaret J. Wells, As Trustees under declaration of trust 1987-1 dated 4/21/87; Helen L. Riley; Kenneth D. Heun; Michael M. Kronberg; Elinor Kronberg; Gloria R. Penico; Maureen Rutherfurd; Lajeanne T. Gilmer; Ellwyn Bailey; Paul W. Laube; Mary R. Laube; Virginia McKemie Belt, As Trustee for Cal Trust; Emmett S. Orange; James R. Somerville; Joyce M. Somerville; Michele A. Young; Godfrey Brown Desha, As Trustee under agreement dated 10/10/82; Eiloise Marie Desha, As Trustee under agreement dated 10/10/82; Marie T. Haffey; Charlotte L. Timmons; Robert H. Staley; Lois M. Pool; George H. Stoddard; Ella D. Stoddard; Gerald J. Conte, As Trustee for the Gerald J. Conte trust under agreement dated 6/19/87 for the benefit of Gerald J. Conte; Dorothy J. Davies; Barbara G. Harness; Hilton M. Grier, As Trustees for the Barbara G. Harness trust; Chris Eirich; Molly Eirich; James Sportelli; Louis G. Bencze; Rebecca C. Bencze; Gail E. Vandyke; Roland E. Hardee; Edith R. Hardee; Troy L. Sorensen; Marian R. Sorensen; Robert B. Smith; Jean D. Smith; Keith Groves; Veneda Groves; Ada Marie Curry, As Trustee of the Ada Marie Curry trust; Viola B. Moore; Sheila Gallagher; Warren W.F. Thrun; Dolores Thrun; Terrie L. Gregis; Dorothy A. Clements; John D. Winters; Kathleen Winters, As Trustees for the John D. Winters Family trust; James E. Dunn; Bluefield Urology, Inc.; Gordon F. Brown; Marian S. Brown; C. Downey Price, M.D.; Edna B. Price, As Trustees, for the Benefit of Conroe Eye Associates Pension Plan & Trust; Barry S. Martin; Robert G. Dinsbier; Althea N. Putnam; Joel D. Anderson; Lynell M. Anderson; Clegg B. Rowley; Rose Salzano; Erval R. Howard; Robert W. Mangold; Max Medoff; Ben A. Ayers; Genevieve T. Ayers; Arthur N. Shiro; Gay Burch; Robert E. Fraser; Robert J. Salzer; Margaret M. Salzer; Story Musgrave; John R. Leonhard; Arthur L. Schwenneker; Anita M. Schwenneker; John David Rathbone; Vera T. Rathbone; Stephen W. Gleave; Patricia S. Gleave; Paul J. Roberts; Brenda S. Roberts; Marvin E. Sands, as Trustee for the Joe E. Fritzlen trust; Michael Coatney; Cathleen Coatney; Russell A. Jaeger; Lois S. Jaeger; Dwayne E. Dobson; Beatrice Ricker; Charles C. Goetz; Miriam B. Robins; Anthony P. Ragonetti, Plaintiffs-Appellants-Cross-Appellees, v. The E.F. HUTTON GROUP, INC.; Hutton Energy Services II, Inc.; E.F. Hutton & Co., Inc.; Shearson Lehman Hutton Inc., Defendants-Appellees, Indian Wells Production Company; Indian Wells Oil Co.; Hutton/Indian Wells 1983 Energy Income Fund, Ltd., Defendants-Appellees-Cross-Appellants.

United States Court of Appeals, Second Circuit.

Decided April 19, 1993.


Attorney(s) appearing for the Case

Elizabeth M. Toll, New York City (Beigel & Sandler, New York City, of counsel), for appellants.

Edward J. Yodowitz, New York City (Steven Kronengold, Daniel J. Fish, Skadden, Arps, Slate, Meagher & Flom, New York City, of counsel), for appellees.

Before KEARSE, ALTIMARI and JACOBS, Circuit Judges.


JACOBS, Circuit Judge:

Plaintiffs-appellants appeal from so much of a judgment in the United States District Court for the Southern District of New York, John M. Walker, Circuit Judge, sitting by designation, 735 F.Supp. 1196, as (a) granted summary judgment to defendant E.F. Hutton Group, Inc. ("Hutton") on plaintiffs-appellants' claim that they were sold unsuitable securities in violation of Section 10(b) of the Securities...

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Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

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