RILEY v. BRAZEAU

Civ. No. 84-901-PA.

612 F.Supp. 674 (1985)

Larry D. RILEY, Gary S. Barta, Rodney L. Nielsen and Darlene A. Nielsen, husband and wife, Barclay M. Armitage, James H. George and Inez O. George, husband and wife, Kenneth B. Southall and Sandra D. Southall, husband and wife, William E. Workman and Barbara L. Workman, husband and wife, Dr. Warner B. Swarner and Christine L. Swarner, husband and wife, Robert A. Pfeifer and Jane A. Pfeifer, husband and wife, Leslie J. Hubbard and Martha J. Hubbard, husband and wife, Harley E. Dykema and Adeline D. Dykema, husband and wife, Robert S. Wallace, Jr. and Jodene G. Wallace, husband and wife, Harold Widman and Elise Widman, husband and wife, William R. Mueller and Kay Mueller, husband and wife, and Ronald K. Melott, Plaintiffs, v. Phillip H. BRAZEAU, Larry D. Moomaw, Glen T. McCurdy, and John Does I Through XX, Defendants.

United States District Court, D. Oregon.

June 18, 1985.


Attorney(s) appearing for the Case

Richard M. Layne, Weaver & Layne, Michael D. Kennedy, Kennedy, Bowles & Towsley, Portland, Or., for plaintiffs.

Philip H. Brazeau, Aloha, Or., for defendants.

Frank H. Lagesen, Lawrence P. Blunck, Cosgrove, Kester, Crowe, Gidley & Lagesen, Portland, Or., for Moomaw.


PANNER, Chief Judge.

Plaintiffs bring this action for violations of federal securities laws, state securities laws, and federal and state racketeering laws. Defendant Larry D. Moomaw (Moomaw) moves to dismiss. I grant the motion in part, and deny it in part.

BACKGROUND

The recitation of facts is from plaintiffs' complaint. Plaintiffs invested in a program conceived and administered by Alpha Properties Realty, Inc. (Alpha) and its wholly owned-subsidiary...

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