GOTTREICH v. SAN FRANCISCO INV. CO.

No. 74-3376.

552 F.2d 866 (1977)

Norman S. GOTTREICH and Margareta E. Gottreich, Plaintiffs-Appellants, v. SAN FRANCISCO INVESTMENT CORPORATION et al., Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

March 15, 1977.


Attorney(s) appearing for the Case

Pierce N. Stein, San Francisco, Cal., for plaintiffs-appellants.

James Curtis, San Francisco, Cal., for defendants-appellees.

Before DUNIWAY, CARTER and CHOY, Circuit Judges.


DUNIWAY, Circuit Judge.

The Gottreichs filed a complaint and an amended complaint alleging violations of (1) § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b); (2) SEC Rule 10b-5, 17 C.F.R. § 240.10b-5 (1976); and (3) state law. The district court dismissed the action on the ground that the amended complaint failed to state a claim upon which relief could be granted. The amended complaint is hardly a model, but it is sufficient.

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