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MELLMAN v. SOUTHLAND RACING CORP.

No. 83-2653.

741 F.2d 180 (1984)

Gerald MELLMAN and Bernard Thorn, doing business as Mellman and Thorn Investments, Individually on Behalf of Themselves, and on Behalf of A Class of Persons Similarly Situated, Appellants, v. SOUTHLAND RACING CORPORATION, an Arkansas Corporation, Appellee.

United States Court of Appeals, Eighth Circuit.

Decided August 17, 1984.

Attorney(s) appearing for the Case

Alston Jennings, Wright, Lindsey & Jennings, Little Rock, Ark., for appellee.

Harold J. Tomin, Los Angeles, Cal., Richard C. Downing, Little Rock, Ark., for appellants.

Before BRIGHT and McMILLIAN, Circuit Judges, and LIMBAUGH, District Judge.

PER CURIAM.

Appellants, owners of Southland Racing Corporation (SRC) stock at the time of a reverse stock split in 1980, appeal from a final judgment entered in the District Court1 for the Eastern District of Arkansas after a non-jury trial denying them relief for alleged violations of several provisions of the Securities Exchange Act of 1934. For reversal appellants argue that the district court erred in finding that (1) no conspiracy...

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