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KEMMERER v. WEAVER

No. 18640.

445 F.2d 76 (1971)

Harold KEMMERER et al., Plaintiffs-Appellees, v. Mark L. WEAVER et al., Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

June 22, 1971.

Attorney(s) appearing for the Case

Everett E. Dahl, Midvale, Utah, for defendants-appellants.

Ronald A. Gullstrand, Aurora, Ill., for plaintiffs-appellees.

Before DUFFY, Senior Circuit Judge, and CUMMINGS and KERNER, Circuit Judges.

DUFFY, Senior Circuit Judge.

This suit was brought under the Securities and Exchange Act of 1933 (Title 15 U.S.C. § 77a et seq.) and the Securities and Exchange Act of 1934 (Title 15 U.S.C. § 78j) and Rule 10B-5 promulgated pursuant thereto (17 C.F.R. § 240.10B-5). Plaintiffs claimed defendants offered for sale certain investment contracts wherein there was not a full, complete and fair disclosure of all the material facts.

Plaintiffs filed...

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