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STERLING RECREATION ORGANIZATION CO. v. SEGAL

Civ. A. No. 81-K-2013.

537 F.Supp. 1024 (1982)

STERLING RECREATION ORGANIZATION CO., Plaintiff, v. David M. SEGAL and Bruce B. Paul, Defendants.

United States District Court, D. Colorado.

April 27, 1982.

Attorney(s) appearing for the Case

John D. Phillips, Jr., Daniel R. Satriana, Jr., Hall & Evans, Denver, Colo., for plaintiff.

Donald Bain, Edmond F. Noel, Jr., Holme, Roberts & Owen, Denver, Colo., for defendants.

KANE, District Judge.

This case involves the sale of a Colorado radio station from the defendants to the plaintiff. The sale was effected by an agreement that transferred all of the station's outstanding capital stock from the defendants to the plaintiff. The plaintiff alleges that the defendants made various negligent and intentional misrepresentations regarding the station in the agreement. Its first claim for relief, securities fraud, is brought under the Securities...

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