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ANSPACH v. BESTLINE PRODUCTS, INC.

No. C-73-1282 RFP.

382 F.Supp. 1083 (1974)

Paul ANSPACH, Plaintiff, v. BESTLINE PRODUCTS, INC., et al., Defendants.

United States District Court, N. D. California.

July 19, 1974.

Attorney(s) appearing for the Case

Strauss, Neibauer & Lacy, Modesto, Cal., for plaintiff.

Berliner, Cohen & Flaherty, San Jose, Cal., for defendant.

Humphreys, Berger & Pitto, San Jose, Cal., for defendant Wm. E. Bailey.

MEMORANDUM AND ORDER

PECKHAM, District Judge.

Plaintiff brings this securities fraud action against defendants for alleged violations of Securities Exchange Commission Rule 10b-5, 17 C.F.R. § 240.10b-5, promulgated under Section 10 of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b). Specifically, plaintiff charges that defendants made certain misrepresentations of material facts in order to induce plaintiff to enter into two overlapping...

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