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STATE v. SHAMA RESOURCES LTD. PARTNERSHIP

No. 21137.

899 P.2d 977 (1995)

127 Idaho 267

STATE of Idaho, Plaintiff-Respondent, v. SHAMA RESOURCES LIMITED PARTNERSHIP, an Idaho Limited Partnership; Lawrence W. McGary, Maranatha Management Corp., an Idaho corporation, Defendants-Appellants.

Supreme Court of Idaho, Twin Falls, March 1995 Term.

July 26, 1995.

Attorney(s) appearing for the Case

Cantrill, Skinner, Sullivan & King, Boise, for defendants-appellants. David R. King argued.

Alan G. Lance, Atty. Gen., Mary E. Hughes, Deputy Atty. Gen., for plaintiff-respondent. Mary E. Hughes argued.

McDEVITT, Chief Justice.

This is an appeal from a grant of summary judgment in favor of the State of Idaho, Department of Finance (the Department) against Lawrence W. McGary (McGary). The Department alleged that McGary violated the Idaho Securities Act by offering and selling unregistered securities through an unregistered broker-dealer and by engaging in fraudulent activities in the offer and sale of the securities. The Department sought injunctive relief, which...

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