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DURNING v. FIRST BOSTON CORP.

No. 86-3544.

815 F.2d 1265 (1987)

Marvin B. DURNING and Jean C. Durning, husband and wife, on behalf of themselves and all persons similarly situated, Plaintiffs-Appellants, v. The FIRST BOSTON CORPORATION; Citibank, N.A.; First Interstate Bank of Casper, N.A.; Wyoming Community Development Authority, Defendants-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided April 27, 1987.

Attorney(s) appearing for the Case

Dexter A. Washburn, Seattle, Wash., for plaintiffs-appellants.

Paul L. Ahern, Jr., Seattle, Wash., for defendants-appellees.

Before TANG, SCHROEDER and NORRIS, Circuit Judges.

TANG, Circuit Judge:

The Durnings appeal the district court's dismissal of their securities fraud action for failure to state a claim upon which relief can be granted.

The Durnings brought suit in United States District Court for the District of Washington pursuant to the jurisdictional provisions of the Securities Act of 1933, 15 U.S.C. § 77v, and the Securities Exchange Act of 1934, 15 U.S.C. § 78aa, and under diversity jurisdiction pursuant to...

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