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JABEND, INC. BY AEBIG v. FOUR-PHASE SYSTEMS, INC.

No. C83-595D.

631 F.Supp. 1339 (1986)

JABEND, INC., a Washington corporation, debtor, by Sheena AEBIG, its trustee; C.P. Grosenick, Jr., and C.P. Grosenick, Inc., a Washington corporation, Plaintiffs, v. FOUR-PHASE SYSTEMS, INC., a Delaware corporation, Defendant.

United States District Court, W.D. Washington, Seattle Division.

April 1, 1986.

Attorney(s) appearing for the Case

John H. Strasburger, of Short & Cressman, First Interstate Center, Seattle, Wash., for plaintiffs.

James R. Hermsen, of Karr, Tuttle, Koch, Campbell, Mawer & Morrow, Seattle, Wash., for defendant.

MEMORANDUM AND ORDER

DIMMICK, District Judge.

This case primarily concerns the extent of liability pursuant to section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. 240.10b-5, of a defendant who is not the actual seller of a security.

The Court has before it: (1) plaintiffs' motion for reconsideration of their federal and Washington securities claims...

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