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STONE v. FOSSIL OIL & GAS

Civ. No. 84-1645-JB.

657 F.Supp. 1449 (1987)

W.T. STONE, Jr. and Jean Stone, Plaintiffs, v. FOSSIL OIL & GAS, a Delaware corporation; Earlee Exploration, an Oklahoma partnership composed of W.M. Bryan and Robert L. McPheron; Gaylan Adams, W.M. Bryan, and Robert L. McPheron, Defendants.

United States District Court, D. New Mexico.

March 30, 1987.

Attorney(s) appearing for the Case

Keleher & McLeon, Arthur O. Beach, Albuquerque, N.M., for plaintiffs.

Rodey, Dickason, Sloan, Akin & Robb, John A. Swain, Sutin, Thayer & Browne, Norman S. Thayer, Albuquerque, N.M., for defendants.

MEMORANDUM OPINION

BURCIAGA, District Judge.

Plaintiffs bring claims under the Securities Act of 1933, 15 U.S.C. § 77q(a) et seq., the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), Securities Exchange Commission Rule 10b-5, 17 C.F.R. § 240.10b-5, and the Securities Act of New Mexico, § 58-13-1 et seq. NMSA 1978, as well as a count for common law fraud. The case...

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