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MARCHESE v. NELSON

Civ. No. 88-C-0614A.

700 F.Supp. 522 (1988)

Mary MARCHESE, Frank Marchese, Rosemary Marchese Klay, and Kent Minor, Plaintiffs, v. Karl NELSON, Main Street Securities, Inc., and Equity One, Inc., Defendants.

United States District Court, D. Utah, C.D.

November 30, 1988.

Attorney(s) appearing for the Case

Charles C. Brown, Jeffrey C. Brown, Salt Lake City, Utah, for plaintiffs.

David R. King, Salt Lake City, Utah, for defendants.

ALDON J. ANDERSON, Senior District Judge.

INTRODUCTION

Plaintiffs have filed an action against the defendants alleging various misrepresentations and omissions of material fact in connection with purchases of securities from the defendants in August 1984 and February 1985. The allegations include claims under Section 10(b) of the Securities Exchange Act of 1934 and various pendent state law claims. Although the purchases of securities were made in late 1984...

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