MURTAGH v. UNIVERSITY COMPUTING COMPANY

No. 72-2893.

490 F.2d 810 (1974)

Marion MURTAGH and William Joseph Powell, Plaintiffs-Appellants, v. UNIVERSITY COMPUTING COMPANY, a Texas corporation, et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied April 3, 1974.


Attorney(s) appearing for the Case

Louis P. Bickel, Richard L. Jackson, Dallas, Tex., for plaintiffs-appellants.

Harold Hoffman, David R. Snodgrass, Dallas, Tex., for defendants-appellees.

Before AINSWORTH, GODBOLD and CLARK, Circuit Judges.


GODBOLD, Circuit Judge:

Appellants Murtagh and Powell, subjects of the United Kingdom, sued University Computing Co. (UCC), a Texas corporation, for damages arising from their sale to UCC of two computer companies1 for UCC common stock and cash. Appellants charged they suffered these damages because of the following alleged acts or omissions by UCC. (1) UCC in violation of antifraud provisions of federal securities laws

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