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GILBERT v. MEASON

51475.

137 Ga. App. 1 (1975)

222 S.E.2d 835

GILBERT v. MEASON et al.

Court of Appeals of Georgia.

Decided November 18, 1975.

Rehearing Denied December 5, 1975.

Attorney(s) appearing for the Case

Gilbert & Blum, David D. Blum, for appellant.

Marvin W. Sorrells, Whelchel & Whelchel, James C. Whelchel, Cook, Pleger & Noell, J. Vincent Cook, Dan A. Aldridge, Jr., for appellees.

DEEN, Presiding Judge.

1. The 1957 Securities Act (Ga. L. 1957, pp. 134, 159) provides for a cause of action against these defendants if they have "participated or aided in any way" in a securities sale which would be in violation of the Act. Former Code Ann. § 97-112 (b) makes a sale of securities unlawful if the seller employs device, scheme or artifice to defraud or engages in any act, practice, transaction or course of business which operates or would operate...

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