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DOELLE v. IRECO CHEMICALS

No. 9537.

391 F.2d 6 (1968)

Robert R. DOELLE, Appellant, v. IRECO CHEMICALS, a Utah corporation, and Intermountain Research & Engineering Co., Inc., a Utah corporation, Appellees.

United States Court of Appeals Tenth Circuit.

March 21, 1968.

Attorney(s) appearing for the Case

Parker M. Nielson, Salt Lake City, Utah (Adam M. Duncan, Salt Lake City, Utah, on brief), for appellant.

C. Keith Rooker, Salt Lake City, Utah (Leonard J. Lewis, Salt Lake City, Utah, on brief), for appellees.

Before BREITENSTEIN, SETH and HICKEY, Circuit Judges.

HICKEY, Circuit Judge.

Appellant Doelle, a stockholder with option rights, filed a complaint based upon Sections 10(b) and 29(b) of the Securities Exchange Act of 1934 (15 U.S.C.A. §§ 78j and 78cc) and Rule 10 b-5 (17 C.F.R. § 240.10b-5) which was promulgated under Section 10(b) of the Act. The claim is made against appellees, Ireco Chemicals and Intermountain Research, the former being a successor corporation. The basis of the trial court's judgment...

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