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SECURITIES INVESTOR PROTECTION CORP. v. VIGMAN

Nos. 84-6074, 84-6311.

764 F.2d 1309 (1985)

SECURITIES INVESTOR PROTECTION CORPORATION, Eugene W. Bell, Trustee For the Liquidation of Joseph Sebag Incorporated, and John L. Britton, Trustee for the Liquidation of First State Securities Corporation, Plaintiffs-Appellants, v. Seymour VIGMAN, et al., Defendants, and Eugene C. Ferri, Jr., and Mobile International Corporation, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided July 2, 1985.

Attorney(s) appearing for the Case

Stephen C. Taylor, Sheppard, Mullin, Richter & Hampton, Los Angeles, Cal., for plaintiffs-appellants.

Daniel L. Goelzer, Gen. Counsel, Paul Gonson, Sol., Jacob H. Stillman, Asso. Gen. Counsel, Robert Mills, Sp. Counsel, SEC, Washington, D.C., amicus curiae.

Bill E. Schroeder, Patrick J. Steele, McCutchen, Black, Verleger & Shea, Los Angeles, Cal., for defendants-appellees.

Before BARNES, Senior Circuit Judge, REINHARDT, Circuit Judge, and GILLIAM, District Judge.

BARNES, Senior Circuit Judge:

Appellants, Securities Investor Protection Corporation ("SIPC"), Eugene W. Bell and John L. Britton appeal the dismissal of four of seventy-five defendants from the securities fraud action brought in the United States District Court for the Central District of California. The district court dismissed these defendants, finding that it lacked personal jurisdiction over them, and that venue was improper in the Central

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