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STATE v. FIRST NAT. BANK OF ANCHORAGE

Nos. 5006, 5107.

660 P.2d 406 (1982)

STATE of Alaska, Appellant, v. FIRST NATIONAL BANK OF ANCHORAGE, Appellee. George H. BROWN, Jr., Lawrence Brouse, John Dryer and Commonwealth Mortgage Corporation, Appellants, Cross-Appellees, v. STATE of Alaska, Appellee, Cross-Appellant.

Supreme Court of Alaska.

December 3, 1982.

Attorney(s) appearing for the Case

Michele D. Brown, Donna Dell'Olio, Connie J. Sipe, Asst. Attys. Gen., Anchorage, Avrum M. Gross and Wilson L. Condon, Attys. Gen., Juneau, for appellant, State of Alaska.

John R. Beard, Beard & Lawer, Anchorage, for appellee, First Nat. Bank.

Terry C. Aglietti, John W. Sivertsen, Aglietti, Offret & Pennington, Anchorage, for appellants, George H. Brown, Jr., Lawrence Brouse, John Dryer, and Commonwealth Mortgage Corp.

Before RABINOWITZ, C.J., and CONNOR, BURKE, MATTHEWS and COMPTON, JJ.

OPINION

MATTHEWS, Justice.

These appeals arise from an action brought by the Attorney General against George Brown, Jr. and others1 involved in the development and sale of certain real property in this state. The basic conduct complained of consists of various misleading statements and omissions concerning the suitability of the land for residential construction. The State sought to enjoin such conduct and to obtain restitution...

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