MOONEY v. TALLANT

Civ. A. No. C75-255A.

397 F.Supp. 680 (1975)

W. M. MOONEY et al. v. Fred C. TALLANT, Sr., et al.

United States District Court, N. D. Georgia, Atlanta Division.

July 15, 1975.


Attorney(s) appearing for the Case

Robert L. Marchman, III, Hansell, Post, Brandon & Dorsey, Atlanta, Ga., for plaintiffs.

Morris & Churchill, Joseph I. Churchill, Atlanta, Ga., for LectraData, Inc. and Mock.

Candler, Cox, Andrews & Hansen, E. Lewis Hansen, Atlanta, Ga., for Morgan and Tallant.


ORDER

O'KELLEY, District Judge.

This is an action brought by the plaintiffs claiming, in two counts, that defendants have committed fraud in connection with the sale of securities. Count one alleges what is essentially a violation of section 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), and rule 10b-5 thereunder, 17 C.F.R. 240.10b-5. Count two alleges that the conduct of defendants constituted fraud and deceit within the meaning...

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