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GALE v. GREAT SOUTHWESTERN EXPLORATION

Nos. 83-C-966-E, 83-C-1037-E.

599 F.Supp. 55 (1984)

Richard GALE, Plaintiff, v. GREAT SOUTHWESTERN EXPLORATION, et al., Defendant, and Billy W. BRYANT, et al., Plaintiffs, v. GREAT SOUTHWESTERN EXPLORATION CO., INC., et al., Defendants.

United States District Court, N.D. Oklahoma.

September 17, 1984.

Attorney(s) appearing for the Case

Justus Hefley, Anadarko, Okl., James H. Ivy, Waurika, Okl., Joe Long, Norman, Okl., for plaintiffs.

Lee I. Levinson, Jeffrey G. Levinson, Tulsa, Okl., for Great Southwestern Exploration, Bruce Fadem and Lloyd Fadem.

Ronald C. Bennett, Tulsa, Okl., for J.T. Haile.

ORDER

ELLISON, District Judge.

The Court has before it the motion of Defendants to dismiss counts 1 and 5 of the complaint as barred by § 13 of the Securities Act of 1933 (15 U.S.C. § 77m).

Count 5:

Defendants argue that count 5, alleging violations of § 12(2) of the Securities Act of 1933, 15 U.S.C. § 77l(2), must be dismissed for failure of Plaintiffs to allege facts sufficient

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