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OLPIN v. IDEAL NATIONAL INSURANCE COMPANY

No. 143-69.

419 F.2d 1250 (1969)

Joyce Cordner OLPIN and LeRoy M. Richman, for themselves, and for and on behalf of all other persons similarly situated, Plaintiffs-Appellants, v. IDEAL NATIONAL INSURANCE COMPANY, a Utah corporation, W. W. Clyde, William I. Spere, James D. Moyle, Jack Maurer, Alan B. Blood, Charles T. S. Parsons and John S. Boyden, Defendants-Appellees.

United States Court of Appeals Tenth Circuit.

December 17, 1969.

Attorney(s) appearing for the Case

Parker M. Nielson, Salt Lake City, Utah (Adam M. Duncan and Joel M. Allred, Salt Lake City, Utah, on the briefs), for appellants.

David K. Watkiss, Salt Lake City, Utah (Wallace R. Bennett, Salt Lake City, Utah, on the brief), for appellees.

Before PHILLIPS, BREITENSTEIN and HICKEY, Circuit Judges.

PHILLIPS, Circuit Judge.

This is a class action, brought by Olpin and Richman on behalf of themselves and all other persons similarly situated against Ideal National Insurance Company1 and Clyde, Spere, Moyle, Maurer, Blood, Parsons and Boyden. The individual defendants are the officers and directors of Ideal.

Prior to the mergers referred to, infra, Mutual Life of America and Great Mutual...

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