KAMEN & CO. v. PAUL H. ASCHKAR & COMPANY

No. 19922.

382 F.2d 689 (1967)

KAMEN & CO., a limited partnership, and Edward F. Liebert and Abraham Kamen, general partners, Appellants and Cross-Appellees, v. PAUL H. ASCHKAR & COMPANY, a limited partnership, Appellee and Cross-Appellant.

United States Court of Appeals Ninth Circuit.

July 7, 1967.


Attorney(s) appearing for the Case

Bertram Fields, Shearer & Fields, Los Angeles, Cal., for appellants.

Gary Schlessinger, Rosenfeld, Meyer & Susman, Beverly Hills, Cal., for appellee.

Before BARNES and DUNIWAY, Circuit Judges, and McNICHOLS, District Judge.


McNICHOLS, District Judge.

This is an appeal and cross-appeal from a final judgment of the District Court in favor of the appellee, plaintiff below, for the amount paid for certain worthless stock alleged to have been purchased because of fraudulent conduct of certain agents of the appellants.

Jurisdiction of the District Court was invoked pursuant to 15 U.S.C. § 77v, Securities Act of 1933, 15 U.S.C. § 78aa, Securities Exchange Act of 1934, and...

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