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BARTON v. PETERSON

Civ. A. No. 1:87-CV-1871-JOF.

733 F.Supp. 1482 (1990)

James BARTON, et al., Plaintiffs, v. J. Chandler PETERSON, et al., Defendants.

United States District Court, N.D. Georgia, Atlanta Division.

March 21, 1990.

Attorney(s) appearing for the Case

Roy Harold Meeks, Jr., Peterson, Young, Self & Asselin and Penelope Williams Rumsey and Austin Lee Ramsey, Rumsey & Ramsey, Atlanta, Ga., for plaintiffs.

John L. Taylor, Jr., Vincent, Chorey, Taylor & Feil, Thomas J. Gallo, Harkleroad & Hermance, Atlanta, Ga., and Frances M. Toole, Bush, Ross, Gardner, Warren & Rudy, Tampa, Fla., for defendants.

ORDER

FORRESTER, District Judge.

This securities fraud case is before the court on the motion for summary judgment by defendants J. Chandler Peterson and Phoenix Financial Corporation. This order follows oral arguments on these motions conducted before the court on August 11, 1989. For the reasons discussed below, the motion is GRANTED in part and DENIED in part.

I. STATEMENT OF FACTS

Plaintiffs are thirteen individuals who invested in...

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