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YOUNG v. TAYLOR

No. 658-70.

466 F.2d 1329 (1972)

Fred L. YOUNG and Eleanor L. Young, Husband and Wife, and Robert C. Donihue, Plaintiffs-Appellees, v. John W. TAYLOR, Defendant-Appellant.

United States Court of Appeals, Tenth Circuit.

September 19, 1972.

Attorney(s) appearing for the Case

Walter P. Faber, Jr., Salt Lake City, Utah, for plaintiffs-appellees.

Ronald N. Spratling, Jr., Salt Lake City, Utah, for defendant-appellant.

Before PHILLIPS, MURRAH and HOLLOWAY, Circuit Judges.

HOLLOWAY, Circuit Judge.

This is an appeal from a judgment against appellant John W. Taylor and other defendants in a suit under § 10(b) of the Securities Exchange Act of 1934, Rule 10b-5 of the Securities and Exchange Commission, the Utah Blue Sky Law, Utah Code Ann. § 61-1-22(1)(b) (1953), and common law fraud principles. The judgment recovered was for general damages of $263,800, punitive damages of $50,000 and attorney's fees of $15,000. A separate appeal...

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