McCOWN v. HEIDLER

Nos. 74-1755, 74-1756.

527 F.2d 204 (1975)

Leslie W. McCOWN et al., Plaintiffs-Appellants, v. James W. HEIDLER et al., Defendants-Appellees. Leslie W. McCOWN et al., Plaintiffs-Appellees, v. Joseph C. CALDWELL et al., Defendants-Cross-Appellants.

United States Court of Appeals Tenth Circuit.

December 22, 1975.


Attorney(s) appearing for the Case

Frederic Dorwart, Tulsa, Okl., for appellants.

James C. Lang, Tulsa, Okl., for appellee-cross-appellant, Joseph C. Caldwell.

Hawley C. Kerr and Paul P. McBride, Tulsa, Okl., for other appellees and cross-appellants (Fred S. Nelson, Brian S. Gaskill, Irvine E. Ungerman, Robert S. Rizley and William D. Hunt, Tulsa, Okl., on the briefs for appellees-cross-appellants).

Before Mr. Justice CLARK, LEWIS, Chief Judge, and HILL, Circuit Judge.


LEWIS, Chief Judge.

The plaintiffs, purporting to represent a class of land purchasers, brought suit against the defendants alleging commonlaw fraud and violations of the Interstate Land Sales Full Disclosure Act, 15 U.S.C. § 1701 et seq. The defendants were officers and members of the board of directors of Timberlake, Inc. or Heidler Corporation, the parent corporation.

The plaintiffs purchased lots in Timberlake, a large real estate development...

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