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WOODWARD v. METRO BANK OF DALLAS

No. 74-2897.

522 F.2d 84 (1975)

Billie Jean WOODWARD, Plaintiff-Appellant, v. METRO BANK OF DALLAS et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing Denied November 28, 1975.

Attorney(s) appearing for the Case

Frank G. Newman, Lawrence G. Newman, Dallas, Tex., for plaintiff-appellant.

Hubert D. Johnson, H. Dee Johnson, Jr., Dallas, Tex., for Metro Bank and others.

Before CLARK, Associate Justice, and GOLDBERG and AINSWORTH, Circuit Judges.

GOLDBERG, Circuit Judge:

This case brings before us the unfortunate predicament of one who claims she was defrauded in connection with the purchase and sale of a security and who accordingly seeks to invoke the broad, but not unbounded, protection of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b) (1970), and its implementing Rule 10b-5, 17 C.F.R. § 240.10b-5 (1975).1 This is not a difficult case decisionally...

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