NESBIT v. McNEIL

Nos. 88-4143, 88-4174.

896 F.2d 380 (1990)

Virginia H. NESBIT and the W. Wallace Nesbit Trust, Plaintiffs-Appellees, Cross-Appellants, v. Steve McNEIL and Black & Company, Inc., Defendants-Appellants, Cross-Appellees.

United States Court of Appeals, Ninth Circuit.

Decided February 14, 1990.

As Amended on Denial of Rehearing and Rehearing May 16, 1990.


Attorney(s) appearing for the Case

Barnes H. Ellis and Charles F. Adams, Stoel Rives Boley Jones & Grey, Portland, Or., for defendants-appellants, cross-appellees.

Jerome E. LaBarre, LaBarre & Associates, P.C., Portland, Or., for plaintiffs-appellees, cross-appellants.

Before WRIGHT, TANG and FERNANDEZ, Circuit Judges.


As Amended on Denial of Rehearing and Rehearing En Banc May 16, 1990.

FERNANDEZ, Circuit Judge:

Virginia H. Nesbit and the W. Wallace Nesbit Trust ("plaintiffs") brought this action against Steve McNeil and Black & Company, Inc. ("defendants") and alleged that the defendants had churned the plaintiffs' investment accounts. Among other things, plaintiffs sought to recover for violations of the federal securities...

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