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DAHL v. PINTER

No. 84-1970.

787 F.2d 985 (1986)

Maurice DAHL, Gary Clark, W. Grantham, Robert Daniele, Charles Dahl, Dowayne Bockman, Ray Dilbeck, Richard Koon, Art Overgarrd, Jack Yeager, Accra Tronics Seals Corp., and Aaron Heller, Plaintiffs-Appellees, v. Billy J. "B.J." PINTER, Black Gold Oil Company, Pinter Energy Company, and Pinter Oil Company, Defendants-Appellants.

United States Court of Appeals, Fifth Circuit.

April 18, 1986.

Attorney(s) appearing for the Case

Braden W. Sparks, Newman, Shook & McManemin, Dallas, Tex., for defendants-appellants.

John A. Spinuzzi, Denton, Tex., for plaintiffs-appellees.

Before BROWN, REAVLEY, and HILL, Circuit Judges.

ROBERT MADDEN HILL, Circuit Judge:

In this appeal Pinter1 urges that his liability under section 12(1) of the Securities Act of 1933, 15 U.S.C. § 77l(1), and article 33 A(1) of the Texas Securities Act, Tex.Rev.Civ.Stat.Ann. art. 581-33 A(1) (Vernon Supp. 1986), should be diminished by plaintiff Maurice Dahl's wrongful conduct. We disagree with this contention and affirm the decision of the district court granting judgment...

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