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DENDINGER v. FIRST NAT. CORP.

No. 93-3193.

16 F.3d 99 (1994)

Duane DENDINGER, et al., Plaintiffs-Appellants, Saeed Ahmed, Plaintiff-Appellant, v. FIRST NATIONAL CORPORATION, et al., Defendants, Federal Deposit Insurance Corporation, as receiver for First National Bank, Defendant-Appellee.

United States Court of Appeals, Fifth Circuit.

Rehearing and Suggestion for Rehearing Denied April 14, 1994.

Attorney(s) appearing for the Case

Gerard G. Metzger, Metairie, LA, for Ahmed.

Winthrop G. Gardner, New Orleans, LA, for Dendinger.

Jaclyn C. Taner, FDIC Legal Div., Appellate Section, Washington, DC, Julie E. Schwartz, Daniel E. LaGrone, Liskow & Lewis, New Orleans, LA, for appellee.

Before HIGGINBOTHAM and DUHÉ, Circuit Judges and STAGG, District Judge.

Rehearing and Suggestion for Rehearing En Banc Denied April 14, 1994.

DUHÉ, Circuit Judge:

This appeal presents two disputes involving the now insolvent First National Bank of Covington, Louisiana ("FNB"). The first dispute involves a number of plaintiffs, suing together, seeking rescission and money damages under federal and state law for notes they signed in favor of FNB to purchase securities. The second dispute involves Appellant, Saeed Ahmed, who...

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