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RICHARDSON v. SALINAS

Civ. A. No. 3-4487.

336 F.Supp. 997 (1972)

W. T. RICHARDSON, Plaintiff, v. James J. SALINAS, Defendant.

United States District Court, N. D. Texas, Dallas Division.

January 25, 1972.

Attorney(s) appearing for the Case

Arthur Skibell, Dallas, Tex., for plaintiff.

David H. Rosenberg, Dallas, Tex., for defendant.

MEMORANDUM OPINION AND ORDER

ROBERT M. HILL, District Judge.

Plaintiff W. T. Richardson claims that Defendant James J. Salinas has committed fraud in connection with the sale of securities in violation of Section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and Rule 10b-5, 17 C.F.R. 240.10b-5. Salinas has moved to dismiss on two grounds. First, he alleges that this action is barred by the statute of limitations; second, he alleges...

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