MIERA v. FIRST SEC. BANK OF UTAH, N.A.

Nos. 89-4132 and 89-4144.

925 F.2d 1237 (1991)

Glenda MIERA, et al., Plaintiffs-Appellants, v. FIRST SECURITY BANK OF UTAH, N.A., a Utah Corporation, Defendant-Appellee.

United States Court of Appeals, Tenth Circuit.

January 7, 1991.


Attorney(s) appearing for the Case

Parker M. Nielson (Terrell W. Smith, with him on the brief), Salt Lake City, Utah, for plaintiffs-appellants.

James S. Jardine (Anthony B. Quinn of Ray, Quinney & Nebeker with him on the brief), Salt Lake City, Utah, for defendant-appellee.

Before TACHA and McWILLIAMS, Circuit Judges, and NOTTINGHAM, District Judge.


McWILLIAMS, Circuit Judge.

Glenda Miera, and others, for themselves and on behalf of all other persons similarly situated, brought the present action against the First Security Bank of Utah, N.A., a Utah corporation (Bank), charging violations of the Securities Exchange Act of 1934 arising out of the Bank's handling of their stock interests in the Ute Distribution Corporation. 15 U.S.C. § 78j and Rule 10b-5, 17 C.F...

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