SIEBERT v. GREAT NORTHERN DEVELOPMENT COMPANY

No. 74-1962.

494 F.2d 510 (1974)

Kenneth J. SIEBERT et al., Plaintiffs-Appellants, v. GREAT NORTHERN DEVELOPMENT COMPANY et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

May 23, 1974.


Attorney(s) appearing for the Case

William Lewis Spearman, Atlanta, Ga., for plaintiffs-appellants.

Harold N. Hill, Jr., Jack S. Schroder, Jr., Atlanta, Ga., Buchanan, Ingersoll, Rodewald, Kyle & Buerger, Pittsburgh, Pa., W. Rhett Tanner, Hurt, Hill & Richardson, Edward T. M. Garland, Atlanta, Ga., for defendants-appellees.

Before GEWIN, GODBOLD and CLARK, Circuit Judges.


PER CURIAM:

Appellants instituted this suit on behalf of themselves and approximately 2300 other persons seeking damages for alleged fraud in the sale of land in a recreational subdivision. The complaint asserted, inter alia, violations of the Interstate Land Sales Full Disclosure Act, 15 U.S.C. § 1701 et seq, and the antifraud provisions of the Securities Exchange Act of 1934, 15 U.S.C. § 78j, as well as common law fraud. In response to appellants...

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