BIXLER v. FOSTER

No. 09-2138.

596 F.3d 751 (2010)

Georganne BIXLER; Buddy Jack Kennemur; Carroll Sorelle; Dean Coleman, Plaintiffs-Counter-Defendants-Appellants, and Mineral Energy and Technology Corporation (METCO), Plaintiff, v. J. Douglas FOSTER; Michael R. Comeau; Uranium King, Ltd., (UKL), an Australian corporation; Paul Fish; Fred Pete Gibson, III; Jim Malone, Defendants-Appellees, and Michael Duncan; Sam Sapper, Defendants-Counter-Claimants-Appellees.

United States Court of Appeals, Tenth Circuit.

February 22, 2010.


Attorney(s) appearing for the Case

Submitted on the briefs:*

René Ostrochovsky, Albuquerque, NM, for Plaintiffs-Appellants.

Luis G. Stelzner, Juan L. Flores, Sheehan, Sheehan & Stelzner, P.A., Albuquerque, NM, Marc D. Flink, Baker & Hostetler, LLP, Denver, CO, for Defendant-Appellee Uranium King Ltd.

Michael W. Brennan, Brennan & Sullivan, Santa Fe, NM, for Defendant-Appellee Jim Malone.

Andrew G. Schultz, Bruce Hall, Rodey, Dickason, Sloan, Akin & Robb, P.A., Albuquerque, NM, for Defendants-Appellees Michael Duncan and Sam Sapper.

John B. Pound, Long, Pound & Komer, P.A., Santa Fe, NM, for Defendants-Appellees Paul Fish, Esquire and Fred Gibson, III, Esquire.

Jerry Wertheim, John Wentworth, Jerry V. Wertheim, Jones, Snead, Wertheim & Wentworth, P.A., Santa Fe, NM, for Defendant-Appellee Michael Comeau, Esquire.

Christopher M. Moody, Repps D. Stanford, Moody & Warner, P.C., Albuquerque, NM, for Defendant-Appellee J. Douglas Foster.

Before TYMKOVICH, ANDERSON, and BALDOCK, Circuit Judges.


TYMKOVICH, Circuit Judge.

This case was brought by minority shareholders of Mineral Energy and Technology Corp. (METCO), against its directors and lawyers. The complaint alleged that the defendants violated the civil Racketeer Influenced and Corrupt Organizations Act (RICO), 18 U.S.C. §§ 1961-68, when they arranged to transfer METCO's assets to an Australian corporation. The district court dismissed plaintiffs' complaint for failure to state a claim, and...

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