BELL BROS. v. BANK ONE, LAFAYETTE, N.A.

No. 96-3455.

116 F.3d 1158 (1997)

BELL BROTHERS, et al., Plaintiffs-Appellants, v. BANK ONE, LAFAYETTE, N.A. (formerly known as Purdue National Bank), Defendant-Appellee.

United States Court of Appeals, Seventh Circuit.

Decided June 20, 1997.

Rehearing and Suggestion for Rehearing Denied July 18, 1997.


Attorney(s) appearing for the Case

Walter E. Bravard, Jr., Dean E. Richards (argued), Indianapolis, IN, for plaintiffs-appellants.

Cheryl M. Knodle, Michael J. Stapleton (argued), Ball, Eggleston, Bumbleburg & McBride, Lafayette, IN, for defendant-appellee.

Before COFFEY, EASTERBROOK, and ROVNER, Circuit Judges.


Rehearing and Suggestion for Rehearing En Banc Denied July 18, 1997.

EASTERBROOK, Circuit Judge.

A group of fleeced investors filed this suit more than 13 years ago. William Tully and some associates created a series of partnerships known as the Mid-America Energy Oil and Gas Program. Promoters pitched the program in hotels' meeting rooms; no underwriter, dealer, or other financial intermediary looked out for these unsophisticated investors' interests. The...

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