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HARRIS v. PALM SPRINGS ALPINE ESTATES, INC.

Nos. 18578-18619.

329 F.2d 909 (1964)

William HARRIS et al., Appellants, v. PALM SPRINGS ALPINE ESTATES, INC., et al., Appellees.

United States Court of Appeals Ninth Circuit.

March 26, 1964.

Attorney(s) appearing for the Case

Cooper & Boller, C. Douglas Wikle, W. Alan Thody, Walter Atkinson, Dell L. Falls, Lancaster, Cal., for appellant.

Musick, Peeler & Garrett, Bruce E. Clark, and Richard D. Dear, Los Angeles, Cal., for appellee.

Before HAMLIN, BROWNING and DUNIWAY, Circuit Judges.

BROWNING, Circuit Judge.

These appeals were taken from judgments of the district court dismissing forty-two class actions "for lack of jurisdiction, without leave to amend."1 We reverse.

The actions were brought by investors in the "Secured 10% Earnings Program" of the Los Angeles Trust Deed and Mortgage Exchange. Details of the scheme are described in SEC v. Los Angeles Trust Deed & Mortgage Exch., 186 F...

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