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SPECTOR v. L Q MOTOR INNS, INC.

No. 74-2549.

517 F.2d 278 (1975)

Bernard D. SPECTOR, Plaintiff-Appellant, v. L Q MOTOR INNS, INC., et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

Rehearing and Rehearing Denied October 3, 1975.

Attorney(s) appearing for the Case

Ernest J. Altgelt, III, James D. Stewart, San Antonio, Tex., for plaintiff-appellant.

Joel Pullen, J. Burleson Smith, San Antonio, Tex., for defendants-appellees.

Before GIBSON, THORNBERRY and AINSWORTH, Circuit Judges.

Rehearing and Rehearing En Banc Denied October 3, 1975.

GIBSON, Circuit Judge.

This fraud action involves a sale of securities used to fund a divorce property settlement between Bernard D. Spector, the plaintiff, and his wife. Violations of § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j (1970), SEC Rule 10b-5, 17 C.F.R. § 240.10b-5 (1974), and pendent state claims1 are alleged against L Q Motor Inns...

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