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KERSH v. GENERAL COUNCIL OF ASSEMBLIES OF GOD

No. 85-2161.

804 F.2d 546 (1986)

Lucille KERSH, Clyde C. Greco, Sr., Helen Greco, Beatrice Silva, Manuel Silva, Marianne Speckman, Russell Speckman, George Viale, Geraldine Viale, Donald C. Westphalen, and Dorothy H. Westphalen, on Behalf of themselves and all others similarly situated, Plaintiffs-Appellants, v. The GENERAL COUNCIL OF the ASSEMBLIES OF GOD, and Assemblies of God Northern California and Nevada District Council, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided November 13, 1986.

Attorney(s) appearing for the Case

Gary Koenigsberg, Law Firm of Timothy H. Fine, San Francisco, Cal., for plaintiffs-appellants.

James P. Barber, Marleigh White Daley, Hancock, Rothert & Bunshoft, Alexander L. Brainerd, Bonnie R. Cohen, Kevin G. McCurdy, Bronson, Bronson & McKinnon, San Francisco, Cal., for defendants-appellees.

Before CHOY, Senior Circuit Judge, and HUG and WIGGINS, Circuit Judges.

CHOY, Senior Circuit Judge:

Lucille Kersh and others ("Kersh") appeal the grant of summary judgment in favor of the defendants, the General Council of the Assemblies of God ("General Council") and the Assemblies of God Northern California and Nevada District Council ("District Council"). The district court held that the defendants were not secondarily liable under section 20(a) of the Securities and Exchange Act of 1934, 15 U.S.C. § 78t (a), for the alleged fraudulent...

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