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STATE v. FACER

No. 14251.

552 P.2d 110 (1976)

The STATE of Utah, Plaintiff and Respondent, v. Leland Jack FACER and Robert W. Shields, Defendants and Appellants.

Supreme Court of Utah.

June 28, 1976.

Attorney(s) appearing for the Case

Richard J. Leedy, Salt Lake City, for defendants and appellants.

Vernon B. Romney, Atty. Gen., William W. Barrett, Stephen R. Randle, Asst. Attys. Gen., Salt Lake City, for plaintiff and respondent.

ELLETT, Justice:

The appellant, Mr. Facer, appeals from a verdict of guilty and sentence pursuant thereto. He was charged with the crime of fraud in connection with the offer, sale or purchase of a security in violation of Section 61-1-1, U.C.A. 1953, Replacement Volume 7A, which so far as material reads:

It is unlawful for any person, in connection with the offer, sale, or purchase of any security, directly or indirectly...

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