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S.W. OK DEV. AUTH. v. SULLIVAN ENGINE WORKS

No. 80739.

910 P.2d 1052 (1996)

SOUTH WESTERN OKLAHOMA DEVELOPMENT AUTHORITY, an Oklahoma public trust, and the State of Oklahoma, ex rel., Oklahoma Department of Commerce, Plaintiffs-Appellees, v. SULLIVAN ENGINE WORKS, INC., Scott Spencer, an individual, Robert Sullivan, an individual, Tommie J. Holder, an individual, Max Buchanan, an individual, and Roy Wayne Woodward, an individual, Defendants-Appellants.

Supreme Court of Oklahoma.

January 23, 1996.

Attorney(s) appearing for the Case

Mark S. Grossman, Crowe & Dunlevy, Oklahoma City, for Appellants.

Brenda Vincent, and Eric Mitts, Oklahoma Department of Commerce, Oklahoma City, Oklahoma, for Appellee, South Western Oklahoma Development Authority.

Johnny G. Beech, Mary J. Rounds, Lester, Bryant, Solano, Pilgrim & Ganz, Oklahoma City, and Anthony G. Mitchell, Talley & Talley, Hobart, for Appellee, Oklahoma Department of Commerce.

SIMMS, Justice:

Appeal from a summary judgment entered by the district court in favor of South Western Oklahoma Development Authority (Authority) and the Oklahoma Department of Commerce (Department). The Department and the Authority will be referred to collectively as "the Plaintiffs". The Plaintiffs brought this securities fraud action against several defendants including the appellants, Scott Spencer and Max Buchanan ...

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