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MARK v. FSC SECURITIES CORP.

No. 87-4082.

870 F.2d 331 (1989)

James E. MARK, et al., Plaintiffs-Appellants, v. FSC SECURITIES CORPORATION, et al., Defendants-Appellees.

United States Court of Appeals, Sixth Circuit.

Decided March 16, 1989.

Attorney(s) appearing for the Case

James B. Helmer, Jr., Virginia Conlan Whitman, John L. Campbell (Lead) (argued), Walker, Chatfield & Doan, Cincinnati, Ohio, for plaintiffs-appellants.

Jerome Randolph (argued), James Burke, Keating, Muething & Klekamp, Cincinnati, Ohio, for defendants-appellees.

Before WELLFORD and BOGGS, Circuit Judges; and SIMPSON, District Judge.

SIMPSON, District Judge.

This is an appeal from a jury's determination that a limited-partnership interest appellants purchased was exempt from Ohio securities-registration requirements. We reverse and remand for further proceedings.

I.

In 1984, IBC Arabian Investments, Inc., A.T. McColgan, Jr., and Laurence C. Leafer, (collectively "IBC") as "General Partner," issued for sale limited-partnership interests in Malaga Arabian Limited Partnership. The...

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