Robert S. ADELAAR, et al., Plaintiffs,
v.
LAUXMONT FARMS, INC., et al., Defendants.
Chris P. TOUNTAS, Plaintiff,
v.
LAUXMONT FARMS, INC., et al., Defendants.
United States District Court, M.D. Pennsylvania.https://leagle.com/images/logo.png
September 16, 1988.
September 16, 1988.
Attorney(s) appearing for the Case
Paul M. Black, Stephen A. Northup, M. Scott Hart, Mays and Valentine, Richmond, Va., Terry W. Light, Brann and Light, P.O., Lewisburg, Pa., for plaintiffs.
Ronald M. Katzman, Goldberg, Katzman & Shipman, Harrisburg, Pa., for Lauxmont Farms, Inc., Lauxmont Farms, II, Inc., Lauxmont Farms, III, Inc., Ronald C. Kohr, Brach Kohr & James D. Kohr.
James J. Clark, Devon, Pa., pro se.
Jack M. Stover, James J. Kutz, Shearer, Mette, Evans & Woodside, Harrisburg, Pa., for Larson, Shannonhouse, Ingham & Andrews, Davis, Legg, Bixler, Milsten & Murrah, Inc.
Clyde W. McIntyre, McNees, Wallace & Nurick, Harrisburg, Pa., for Advest, Inc., Betty Griffin, Raymond T. Waller & Russell M. Sterling.
Daniel J. Ryan, Daniel P. Lynch, Philadelphia, Pa., for Richard E. Thompson, Bernard A. Rosner & Professional Planning Assoc.
John W. Purcell, Jr., Valerie A. Potteiger, Purcell, Nissley, Krug & Haller, Harrisburg, Pa., for Anchor Nat. Financial Services, Inc.
Jeffrey R. Boswell, Brigid Q. Alford, Berman, Boswell, Tintner & Piccola, Harrisburg, Pa., for Howard Leeb, Leeb & Assocs., Sprunger, Morganthau & Morganthau & Assocs.
C. William Hoilman, President, MHA Financial Corp., Braintree, Mass., for MHA Financial, Mulvaney & Mitchell.
Burck Bailey, Fellers, Snider, Blankenship, Bailey & Tibbens, Oklahoma City, Okl., John Havas, Larry L. Miller, Foulkrod, Reynolds and Havas, Harrisburg, Pa., for Joseph G. Shannonhouse IV.
Peter C. Clement, Palm Harbor, Fla., for Irving Melker.
G. David Pauline, Harrisburg, Pa., for MHA Financial Corp.
United States District Court, M.D. Pennsylvania.
MEMORANDUM
CALDWELL, District Judge.
I. Introduction.
Defendants, Andrews Davis Legg Bixler Milsten & Murrah, Timothy M. Larason and Richard G. Ingham, have filed a motion for judgment on the pleadings, contending that count II of the plaintiffs' complaint, a claim pursuant to section 10(b) of the Securities and Exchange Act of 1934 (the 1934 Act), 15 U.S.C. § 78j(b), and its corresponding rule, 17 C.F.R. § 240.10(b)-5, and...
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