SIMPSON v. SOUTHEASTERN INV. TRUST

No. 81-3289.

697 F.2d 1257 (1983)

John W. SIMPSON, Plaintiff-Appellant, v. SOUTHEASTERN INVESTMENT TRUST, et al., Defendants-Appellees. James R. WILLIS, Plaintiff-Appellant, v. SOUTHEASTERN INVESTMENT TRUST, et al., Defendants-Appellees.

United States Court of Appeals, Fifth Circuit.

February 14, 1983.


Attorney(s) appearing for the Case

Sessions, Fishman, Rosenson, Boisfontaine & Nathan, Walter C. Thompson, Jr., New Orleans, La., for plaintiffs-appellants.

H. Gordon Hartman, New Orleans, La., for Buell C. Buchtel.

Tom H. Matheny, Hammond, La., for 1st Guar. & Rand Burris.

Macy, Kemp & McIntyre, Arthur W. Macy, Hammond, La., for C.D. Alford Partnership, et al.

Before GOLDBERG, GEE and HIGGINBOTHAM, Circuit Judges.


GEE, Circuit Judge.

In these two consolidated cases, plaintiffs charge defendants with securities fraud and seek recision and restitution plus reasonable attorneys' fees and expenses. The actions are brought pursuant to Section 12(2) of the Securities Act of 1933, 15 U.S.C. § 77l(2); Section 17(a) of the Securities Act of 1933, 15 U.S.C. § 77q; Rule 10b-5 promulgated by the Securities and Exchange Commission...

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