DEPPE v. TRIPP

Nos. 86-2893, 86-2894 and 87-1524.

863 F.2d 1356 (1988)

James DEPPE, William Deppe, William Clinton Deppe, and Charles Stephen Aggert, Plaintiffs-Appellees, v. Herman TRIPP and Howard Weitekamp, Defendants-Appellants.

United States Court of Appeals, Seventh Circuit.

Decided December 21, 1988.


Attorney(s) appearing for the Case

John L. Swartz, Giffin, Winning Lindner Cohen & Bodewes P.C., Springfield, Ill., Jeffrey N. Cole, Jeffrey Neal Cole, Ltd., Chicago, Ill., for defendants-appellants.

Duane D. Young, Long Rabin & Young, Ltd., Springfield, Ill., for plaintiffs-appellees.

Before COFFEY and KANNE, Circuit Judges and ESCHBACH, Senior Circuit Judge.


Rehearing En Banc Denied.

KANNE, Circuit Judge.

The plaintiffs-appellees filed this three count civil action based upon their purchase of stock in the White Mountain Corporation. Count I alleged securities fraud, Count II alleged a conspiracy to commit securities fraud, and Count III alleged a cause of action under the Racketeer Influenced Corrupt Organizations Act ("RICO"). Herman Tripp was named as a defendant in all three counts and Howard Weitekamp was...

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