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WATSON v. ROBERTS, SCOTT & CO., INC.

No. 71-2814.

466 F.2d 1348 (1972)

Robert E. WATSON and Lois J. Watson, Plaintiffs-Appellants, v. ROBERTS, SCOTT & CO., INC., a corporation, Defendant-Appellee.

United States Court of Appeals, Ninth Circuit.

August 24, 1972.

Attorney(s) appearing for the Case

George Kalinski, Marina Del Rey, Cal., for plaintiffs-appellants.

Carla A. Hills, Max Factor, III, of Munger, Tolles, Hills & Rickershauser, Los Angeles, Cal., for defendant-appellee.

Before HAMLEY, DUNIWAY and WRIGHT, Circuit Judges.

PER CURIAM:

Invoking section 15(c)(1) of the Securities Exchange Act of 1934, 15 U.S.C. § 78o(c)(1), Robert E. Watson and Lois J. Watson, his wife, brought this action against Roberts, Scott & Co., Inc. (the broker) and five Does, to recover damages in the amount of twenty-five thousand dollars, and for other relief. The broker moved for summary judgment dismissing the action, asserting that the Watsons are collaterally estopped to bring this action...

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