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AYERS v. SPEER

No. 89-C-394.

719 F.Supp. 960 (1989)

Fred H. AYERS, et al., Plaintiffs, v. Rhett D. SPEER, Defendant.

United States District Court, D. Colorado.

September 11, 1989.

Attorney(s) appearing for the Case

Michael H. Bynum, Boulder, Colo., for plaintiffs.

James M. Hult, Boulder, Colo., for defendant.

ORDER

CARRIGAN, District Judge.

Plaintiffs Fred H. Ayers and BCBR, Inc., a Colorado corporation, have sued the defendant Rhett D. Speer asserting claims for federal securities violations and pendent state claims. The gist of the complaint is that the defendant Speer induced the plaintiff Ayers through false representations to invest in the plaintiff BCBR, Inc. by purchasing convertible debentures and then misappropriating the invested funds. Defendant is...

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