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SIMON OIL CO., LTD. v. NORMAN

No. 83-6366.

789 F.2d 780 (1986)

SIMON OIL CO., LTD., a California limited partnership; MSBV-1 GP, Inc., a California corporation; Simon Marketing, Inc., a Nevada corporation; Allen T. Brown; Eric S. Stanton; and Thomas B. Moss, Plaintiffs/Appellants, v. Albion NORMAN; John M.B. O'Connor; Homer Jackson; Agincourt Limited, a Delaware corporation; Craigmuir Limited, a California corporation; the Minoco Group of Companies, Ltd., a Delaware corporation; Minoco Southern Corporation, a Nevada corporation; Stuart S. Greenberg; William E. Bauer; Robert G. Weitzman; Dennis E. Carlton; Robert Bryant; and Texas Commerce Bank Fort Worth, a National Banking Association, Defendants/Appellees.

United States Court of Appeals, Ninth Circuit.

Submitted July 1, 1985.

Decided May 13, 1986.

Attorney(s) appearing for the Case

Phyllis Kuperstein, Edward M. Rosenfeld, Rosenfeld & Falk, Los Angeles, Cal., for plaintiffs/appellants.

Edmund J. Towle, III, Kinsella, Boesch, Fujikawa & Towle, Los Angeles, Cal., Charles C. Wehner, Wehner & Perlman, Beverly Hills, Cal., for defendants/appellees.

Before GOODWIN, POOLE, and BOOCHEVER, Circuit Judges.

BOOCHEVER, Circuit Judge:

Simon Oil Co., Ltd. ("SOCOL"), a limited partnership, and other plaintiffs filed suit in district court alleging that defendants violated federal securities laws and the Racketeer Influenced and Corrupt Organizations Act ("RICO"), 18 U.S.C. §§ 1961-1964 (1982), as well as state law. The suit arose out of the promotion and sale by defendants of certain interests in oil and gas development...

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