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NORTHWEST PAPER CORPORATION v. THOMPSON

No. 23899.

421 F.2d 137 (1969)

NORTHWEST PAPER CORPORATION, a Washington corporation, Plaintiff-Appellant, v. Darrow THOMPSON and Stanley Thompson, individuals, Defendants-Appellees.

United States Court of Appeals Ninth Circuit.

December 22, 1969.

Attorney(s) appearing for the Case

Robert A. Jensen, Walter Cheifetz, John P. Frank, of Lewis, Roca, Beauchamp & Linton, Phoenix, Ariz., Carlton J. Peterson, of Stephens, Jones, LaFever & Smith, Los Angeles, Cal., for appellant.

Roger W. Perry, Loren W. Counce, Jr., of Snell & Wilmer, Phoenix, Ariz., for appellee.

Before MERRILL and CARTER, Circuit Judges, and JAMESON, District Judge.

PER CURIAM:

Northwest Paper Corporation brought suit alleging that it had suffered damages when appellees induced it to sell shares of the stock of Thompson Industries, Inc. to appellees by means and under circumstances that violate the Securities Exchange Act of 1934, 15 U.S. C. 78j, and Rule 10b-5 promulgated under that Act, 17 C.F.R. 240 (Cum.Supp.). Appellant claims that appellees made certain critical statements upon which appellant's officers relied in reaching...

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