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L.B. INDUSTRIES, INC. v. SMITH

Civ. No. 83-1226.

631 F.Supp. 922 (1986)

L.B. INDUSTRIES, INC., a corporation; Paasco Associates, a partnership; James Brown, an individual; and Pack River Investments, a partnership, Plaintiffs, v. David M. SMITH, individually, and Control Data Capital Corporation, a Delaware corporation, Defendants.

United States District Court, D. Idaho.

February 28, 1986.

Attorney(s) appearing for the Case

Chas. F. McDevitt, Givens, McDevitt, Pursley, Webb & Buser, Boise, Idaho, for plaintiffs.

R.B. Rock, Robert B. Luce, Moffatt, Thomas, Barrett & Blanton, Chartered, Boise, Idaho, for defendants.

MEMORANDUM OPINION AND ORDER

RYAN, District Judge.

I. INTRODUCTION

This action arises from a series of transactions taking place between 1975 and 1982 involving the purchase and development of small hydroelectric sites in Northern Idaho. The plaintiffs are persons who invested in the development of those hydroelectric sites and now claim they were the victims of fraud. This matter comes before the court on the defendants' Motion for Summary Judgment...

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