Herbert A. NOBLES, Plaintiff-Appellant,
v.
FIRST CAROLINA COMMUNICATIONS, INCORPORATED; E.B. Chester, Jr.; Aiken Cablevision, Incorporated, formerly known as F.C. Barnwell, Incorporated; F.C. Aiken, Incorporated; Gary Phillips; C. David Smith; A.P. Thorpe, III; G.W. Thorpe; Thomas D. Livingston; Frank B. Cannon; Lon Carruth; Roy F. Coppedge, III; Anthony J. Bolland; Walter F. Payne, Jr.; 1st Cablevision, Incorporated, a Nevada Corporation; Kilpatrick & Cody, a Partnership; Aiken Cablevision, Limited, a Limited Partnership, Defendants-Appellees.
United States Court of Appeals, Fourth Circuit.https://leagle.com/images/logo.png
Argued February 7, 1991.
Decided April 3, 1991.
As Amended May 6, 1991.
Attorney(s) appearing for the Case
David McKenzie Clark, Clark & Wharton, Greensboro, N.C., for plaintiff-appellant; B. Douglas Martin, Greensboro, N.C., on brief.
Catherine E. Thompson, Smith Helms, Mulliss & Moore, Charlotte, N.C., for defendants-appellees; E. Osborne Ayscue, Jr., Bradley R. Kutrow, Smith, Helms, Mulliss & Moore, Charlotte, N.C., James D. Blount, Sharron R. Edwards, Michael E. Weddington, Smith, Anderson, Blount, Dorsett, Mitchell & Jernigan, Raleigh, N.C., on brief.
Before ERVIN, Chief Judge, CHAPMAN, Circuit Judge, and SPENCER, District Judge for the Eastern District of Virginia, sitting by designation.
United States Court of Appeals, Fourth Circuit.
CHAPMAN, Circuit Judge:
Plaintiff-appellant Herbert A. Nobles ("Nobles") instituted this action against defendant-appellees1 on June 20, 1989 in the United States District Court for the Eastern District of North Carolina. The complaint alleged violations of sections 10, 13, and 14 of the Securities Exchange Act of 1934 and the rules and regulations promulgated thereunder.2 The district court granted defendants...
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