1. Home
  2. Browse Decisions
  3. F.2d
  4. 735 F.2d
  5. 735 F.2d 1001 (1984)
 

HART v. PULTE HOMES OF MICH. CORP.

No. 83-1156.

735 F.2d 1001 (1984)

Jack E. HART, et al., Plaintiffs-Appellants, v. PULTE HOMES OF MICHIGAN CORPORATION, et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided June 6, 1984.

Attorney(s) appearing for the Case

Donald F. Tucker, Robert J. Williams, Jr., argued, Simon, Deitch, Siefman, Tucker & Friedman, Southfield, Mich., for plaintiffs-appellants.

Stephen Wasinger, argued, Charles S. Rudy, Barris, Sott, Denn & Driker, Detroit, Mich., for defendants-appellees.

Before LIVELY, Chief Judge, WELLFORD, Circuit Judge, and BROWN, Senior Circuit Judge.

BAILEY BROWN, Senior Circuit Judge.

The plaintiffs appeal from an order dismissing their complaint alleging violations of federal securities laws. The district court held that the defendants' sale and lease-back of model homes did not constitute securities for purposes of the federal securities laws. Because we find that the plaintiffs failed to show investment in a common enterprise, a necessary element of a security, we affirm.

I.

The plaintiffs...

Let's get started

Leagle.com

Welcome to the leading source of independent legal reporting
Sign on now to see your case.
Or view more than 10 million decisions and orders.

  • Updated daily.
  • Uncompromising quality.
  • Complete, Accurate, Current.

Listed below are the cases that are cited in this Featured Case. Click the citation to see the full text of the cited case. Citations are also linked in the body of the Featured Case.

Cited Cases

  • No Cases Found

Listed below are those cases in which this Featured Case is cited. Click on the case name to see the full text of the citing case.

Citing Cases