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HICKMAN v. GROESBECK

No. C 252-72.

389 F.Supp. 769 (1974)

Grant A. HICKMAN et al., Plaintiffs, v. Arthur J. GROESBECK, III, et al., Defendants.

United States District Court, D. Utah, Central Division.

December 18, 1974.

Attorney(s) appearing for the Case

Adam M. Duncan, Salt Lake City, Utah, for plaintiffs.

William R. Dickerson of Lafollette, Johnson, Horgan & Robinson, Los Angeles, Cal., and Reed L. Martineau of Worsley, Snow & Christensen, Salt Lake City, Utah, for defendant Carlin, Levy & Company.

Robert M. Anderson, Salt Lake City, Utah, and Jean L. Weaver of Van Cott, Bagley, Cornwall & McCarthy, Salt Lake City, Utah, for defendant Commercial Security Bank.

Kenneth W. Yeates of Prince, Yeates, Ward, Miller & Geldzahler, Salt Lake City, Utah, for all other defendants.

ALDON J. ANDERSON, District Judge.

The plaintiffs at Salt Lake City, Utah, purchased certain interests in a limited partnership known as Cinco Villa Company, which they allege are securities within the meaning of 15 U.S.C. § 78c(a) (1), and contend that the sale of these interests by certain of the named defendants violated Section 10 of the Securities Exchange Act of 1934 and Rule 10b-5, promulgated thereunder. Plaintiffs further allege that defendants Carlin...

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