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VILLENEUVE v. ADVANCED BUSINESS CONCEPTS CORP.

No. 81-5975.

730 F.2d 1403 (1984)

Mark VILLENEUVE, individually, and on behalf of all other persons similarly situated, Plaintiffs-Appellants, v. ADVANCED BUSINESS CONCEPTS CORPORATION, et al., Defendants-Appellees.

United States Court of Appeals, Eleventh Circuit.

April 27, 1984.

Attorney(s) appearing for the Case

Carl H. Hoffman, Coral Gables, Fla., for plaintiffs-appellants.

Rosalind C. Cohen, Atty., Jacob H. Stillman, Jonathan Eddison, Washington, D.C., for amicus, The S.E.C. (U.S.A.).

Lanny E. Perkins, Dallas, Tex., for defendants-appellees.

Vernon W. Haas, pro se.

Before GODBOLD, Chief Judge, RONEY, TJOFLAT, HILL, FAY, VANCE, KRAVITCH, JOHNSON, HENDERSON, HATCHETT, ANDERSON and CLARK, Circuit Judges.

PER CURIAM:

Mark Villeneuve instituted this action individually and on behalf of a class comprised of other area purchasers seeking recoupment of investments from the appellee, Advanced Business Concepts Corporation (ABC). The district court granted ABC's motion for partial summary judgment finding that the purchaser agreements were not securities as defined by the Securities Act of 1933 and the Securities Exchange Act of 1934. A panel of this court affirmed the district...

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