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GARRETT v. COASTAL FINANCIAL MANAGEMENT CO., INC.

Civ. A. No. H-89-3006.

765 F.Supp. 351 (1990)

Ann V. GARRETT, et al., Plaintiffs, v. COASTAL FINANCIAL MANAGEMENT COMPANY, INC., et al., Defendants.

United States District Court, S.D. Texas, Houston Division.

September 18, 1990.

Attorney(s) appearing for the Case

Van Huseman, White Huseman Pletcher & Powers, Corpus Christi, Tex., for plaintiffs.

Richard A. Hipp, Brown & Fowler, Houston, Tex., for defendants.

MEMORANDUM OPINION

DeANDA, Chief Judge.

Plaintiffs filed this action in state court, naming as defendants Coastal Financial Management Co., Commonwealth Mortgage Company of America, L.P. ("CMCALP") and Commonwealth Mortgage Corporation of America ("CMCA").1 CMCALP and CMCA are subsidiaries of Commonwealth Savings Association ("CSA"), which was not named as a defendant to this action. The Federal Deposit Insurance Corporation...

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