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FIRST STATE BANK v. AMERICAN NAT. BANK

No. C88-0071J.

690 F.Supp. 967 (1988)

FIRST STATE BANK OF WHEATLAND, (formerly American National Bank of Wheatland); and American National Bank of Laramie, Plaintiffs, v. AMERICAN NATIONAL BANK (Cheyenne), John Doe I, John Doe II, John Doe III, John Doe IV, and John Doe V, Defendants.

United States District Court, D. Wyoming.

July 25, 1988.

Attorney(s) appearing for the Case

John B. "Jack" Speight, Cheyenne, Wyo., for plaintiffs.

David H. Carmichael, Cheyenne, Wyo., for defendants.

ORDER RULING ON MOTION FOR JUDGMENT ON THE PLEADINGS AND MOTION TO DISMISS

JOHNSON, District Judge.

Plaintiffs bring this action under the federal security laws and seek redress for losses they sustained from having advanced funds under a loan participation agreement arranged by defendant, American National Bank of Cheyenne. According to the complaint, the defendant, American National Bank of Cheyenne, arranged an $800,000 loan to one of its customers, Shirley...

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