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GELLER v. PRUDENTIAL-BACHE SECURITIES, INC.

No. CIV-83-1726-T.

591 F.Supp. 27 (1983)

Herman GELLER, et al., Plaintiffs, v. PRUDENTIAL-BACHE SECURITIES, INC., et al., Defendants.

United States District Court, W.D. Oklahoma.

September 30, 1983.

Attorney(s) appearing for the Case

Stephen L. Gerdes, Schumacher, Gilroy, Skudlarek, Raynor & Gerdes, John T. Carpenter, Miller, Carpenter, Rowen Fitzgerald & Coe, Omaha, Neb., Ralph A. Sallusti, Oklahoma City, Okl., for plaintiffs.

C. Craig Cole, Dickerson, Cole, Bruce & Huff, Roy J. Davis, Ann M. Threlkeld, Andrews, Davis, Legg, Bixler, Milsten & Murrah, George W. Dahnke, Hastie & Kirschner, John B. Hayes, Looney, Nichols, Johnson & Hayes, Oklahoma City, Okl., John M. Friedman, Jr., Martha E. Solinger, Dewey, Ballantine, Bushby, Palmer & Wood, New York City, Richard C. McDugald, John N. Hermes and Steven W. Bugg, Oklahoma City, Okl., for defendants.

ORDER

RALPH G. THOMPSON, District Judge.

This action is before the Court for consideration of the Motion to Dismiss filed by defendants Prudential-Bache Securities, Inc. and Bache Energy Corp. Defendants' motion seeks to have plaintiffs' Fifth Cause of Action dismissed on the grounds that Section 17(a) of the Securities Act of 1933 does not provide for a private civil cause of action. The defendants' motion primarily...

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