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NICK v. SHEARSON/AMERICAN EXP., INC.

Civ. No. 4-84-793.

612 F.Supp. 15 (1984)

George NICK and June Nick, Plaintiffs, v. SHEARSON/AMERICAN EXPRESS, INC., and Richard Larson, Defendants.

United States District Court, D. Minnesota, Fourth Division.

December 14, 1984.

Attorney(s) appearing for the Case

Terrence J. Fleming, Delaney & Solum, Minneapolis, Minn., for plaintiffs.

J. Jackson, Dorsey & Whitney, Minneapolis, Minn., for defendants.

MEMORANDUM OPINION AND ORDER

DIANA E. MURPHY, District Judge.

Plaintiffs, George and June Nick, brought this action for recission and damages against defendant, Shearson/American Express, Inc. (Shearson) and Richard Larson, alleging violations of securities laws under Sections 12(2) and 17(a) of the Securities Act of 1933, 15 U.S.C. §§ 77 et seq. (1933 Act), and Section 10(b) and Rules 10b-5 and 10b-16 of the Securities Exchange Act of 1934...

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