Richard J. SARGENT, et al., Plaintiffs-Appellants,
v.
GENESCO, INC., et al., Defendants-Appellees.
United States Court of Appeals, Fifth Circuit.https://leagle.com/images/logo.png
April 11, 1974.
Rehearing Denied May 9, 30, 1974.
Attorney(s) appearing for the Case
R. Alan Stotsenburg, New York City, Guy B. Bailey, Jr., John P. A. Bell, Miami, Fla., for plaintiffs-appellants.
Charles F. Clark, Ted R. Manry, III of Macfarlane, Ferguson, Allison & Kelly, Tampa,Fla., for Goodbody & Co., Merrill Lynch, Pierce, Fenner & Smith, Inc., Walston & Co., Inc., Ladd Dinkins & Co., First Alabama Securities, Inc., Kohlmeyer & Co., McCarley & Co., Inc., Powell Kistler & Co., Powell, Kistler & Crawford, Roberts Scott & Co.
Leonard W. Cooperman, St. Petersburg, Fla., for Leeds Shoes, Inc.
A. Dallas Albritton, Jr., Tampa, Fla., William A. Richter, St. Louis, Mo., for A. G. Edwards & Sons, Inc.
David A. Maney, Tampa. Fla., for Jack Chapman, Julian Lemus, Stuart S. Golding and Roy Cotarelo.
William T. Keen, Tampa, Fla., for Wachovia Bank & Trust.
John T. Allen, Jr., St. Petersburg, Fla., William V. Gruman, Tampa, Fla., for Ralph A. Buchman and Partnership of Buchman, Endsley & McCormick.
Theodore C. Taub, Tampa, Fla., for Richard Lieb.
Donovan Leisure Newton & Irvine (Sanford M. Litvack, of counsel), New York City, and Carlton, Fields, Ward, Emmanuel, Smith & Cutler, P.A. (Wm. Reece Smith and James W. Ault, of counsel), Tampa, Fla., for Genesco, Inc., Genesco Financial Corp., Ernest B. Holt, Richard E. Horch and William B. Curran.
Daniel N. Burton, Tampa, Fla., for William Burton and Earl Brown.
Douglas J. Loeffler, Fox, Burton, George & Loeffler, Clearwater, Fla., for Clayton D. Burton.
Trennam, Simmons, Kenker, Scharf & Barkin, Tampa, Fla. (Marvin E. Barkin, Tampa, Fla., of counsel), for William H Martin.
Before THORNBERRY, DYER and CLARK, Circuit Judges.
United States Court of Appeals, Fifth Circuit.
CLARK, Circuit Judge:
The right to maintain a private action for damages under sections 10(b), 14(a) and 14(e) of the Securities Exchange Act of 1934 (Exchange Act),1 is the most important issue raised by this appeal from a final judgment dismissing on the pleadings all plaintiffs' claims for damages against all defendants save one.2 The propriety of the district court's denial of preliminary injunctive relief...
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