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STATE v. PHILIPS

Nos. 53210-9, 53333-4, 53336-9.

108 Wn.2d 627 (1987)

741 P.2d 24

THE STATE OF WASHINGTON, Respondent, v. ROBERTA PHILIPS, ET AL, Petitioners. THE STATE OF WASHINGTON, Respondent, v. EUGENE R. MONTGOMERY, Petitioner. In the Matter of the Personal Restraint of EUGENE MONTGOMERY, Petitioner.

The Supreme Court of Washington, En Banc.

August 6, 1987.

Attorney(s) appearing for the Case

Elizabeth K. Selleck, for petitioner Philips.

E. Gary Donion, for petitioner Smith.

William H. Fligeltaub, for petitioner Thompson.

Paul J. Bernstein, for petitioner Montgomery.

Norm Maleng, Prosecuting Attorney, and Greg Montgomery, Deputy, for respondent.

Kenneth O. Eikenberry, Attorney General, and Jeffrey O.C. Lane, Senior Assistant, amici curiae for respondent.

DORE, J.

Petitioners were convicted of several counts of securities fraud — RCW 21.20.010. They argue that the promissory notes that they marketed to investors were not securities; that their cases should have been severed; and that their individual convictions were not supported by substantial evidence. We affirm.

FACTS

Sea-Tac Mortgage, Inc. was founded in August 1981, with a principal business...

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