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BROWN v. CITY OF COVINGTON

Nos. 85-5714, 85-5715.

805 F.2d 1266 (1986)

LCDR (Ret.) Lawrence BROWN and Alice Brown, et al., Plaintiffs-Appellants (85-5714), Plaintiffs-Appellees (85-5715), v. CITY OF COVINGTON, Defendant-Appellee (85-5714), Defendant-Appellant (85-5715).

United States Court of Appeals, Sixth Circuit.

Decided November 20, 1986.

Attorney(s) appearing for the Case

Lawrence R. Elleman (argued), Cincinnati, Ohio, for defendant-appellee.

James A. Nolan, Nolan and Freihofer, Covington, Ky., Charles J. Hecht (argued), New York City, for plaintiffs-appellants.

James A. Nolan, Nolan and Freihofer, Covington, Ky., for plaintiffs-appellees.

Joseph T. Condit, Covington, Ky., Lawrence R. Elleman (argued), Cincinnati, Ohio, for defendant-appellant.

Before LIVELY, Chief Judge; MERRITT, Circuit Judge; and TIMBERS, Senior Circuit Judge.

TIMBERS, Senior Circuit Judge.

This class action concerns a bond issue by appellee City of Covington, Kentucky ("City"), to finance the construction of a health care center. Appellants, the class of persons who purchased the bonds, appeal from a judgment entered June 17, 1985 in the Eastern District of Kentucky, Henry R. Wilhoit, Jr., District Judge, dismissing appellants' federal securities law claims against the...

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