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MASON v. MARSHALL

No. 75-1211.

531 F.2d 1274 (1976)

Joseph F. MASON et al., Plaintiffs-Appellants Cross-Appellees, v. J. W. MARSHALL et al., Defendants-Appellees Cross-Appellants.

United States Court of Appeals, Fifth Circuit.

May 20, 1976.

Attorney(s) appearing for the Case

John D. Gilliland, Joe E. Vaughan, Khent H. Rowton, Dallas, Tex., for plaintiffs-appellants cross-appellees.

James S. Robertson, Jr., Dallas, Tex., for defendants-appellees cross-appellants.

Before GEWIN, GODBOLD and SIMPSON, Circuit Judges.

PER CURIAM:

Subject to the following explanation, the judgment below is affirmed on the basis of the opinion of the District Court, appearing at 412 F.Supp. 294.

The court below found that "even if there had been a full disclosure of all facts relating to the Seven Well program, the plaintiffs' investment decisions would have remained the same." We approve this application of the "reliance" test in light of Affiliated...

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