MADDEN v. U.S. ASSOCIATES

No. CA 91-488.

844 S.W.2d 374 (1992)

40 Ark.App. 143

Joe E. MADDEN, Jr., Commissioner Arkansas Securities Department, Appellant, v. U.S. ASSOCIATES, et al., Appellees.

Court of Appeals of Arkansas, Division I.

December 16, 1992.


Attorney(s) appearing for the Case

Jeanette L. Hamilton, Asst. Atty. Gen., Bruce H. Bokony, David H. Smith, Little Rock, for appellant.

Rondell E. Loftin, pro se.

Ronald Floyd Davis, pro se.

Gary Ellis Johnson, pro se, and for U.S. Associates, Inc.


ROGERS, Judge.

In its regulatory capacity, the appellant, the Arkansas Securities Department (hereinafter "Department"), revoked the registration of U.S. Associates, Inc., and the licenses of appellees Rondell Eugene Loftin, Ronald Floyd Davis and Gary Ellis Johnson. The circuit court, upon review, reversed the Department's decision based on the determination that appellees had not been afforded a fair hearing before the agency's tribunal as evidenced by an ex...

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