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CRAFT v. FLORIDA FEDERAL SAV. & LOAN ASS'N

No. 85-3497.

786 F.2d 1546 (1986)

Angus C. CRAFT, Jr., Betty C. Craft, Judith C. Dreyer and Michael R. Dreyer, Plaintiffs-Appellees, v. FLORIDA FEDERAL SAVINGS & LOAN ASSOCIATION, a federally chartered stock savings and loan association, Defendant-Appellant.

United States Court of Appeals, Eleventh Circuit.

April 22, 1986.

Attorney(s) appearing for the Case

R. Donald Mastry, St. Petersburg, Fla., Bruce Cohen, Michael L. Seabolt, Arthur W. Leibold, Jr., Robert M. Clark, Washington, D.C., for defendant-appellant.

Thomas C. MacDonald, Jr., John I. Van Voris, Raymond T. Elligett, Jr., Frank R. Jakes, Shackeford, Farrior, Stallings & Evans, Tampa, Fla., for plaintiffs-appellees.

Rosalind C. Cohen, Jacob H. Stillman, Asst. Gen. Counsel, Daniel L. Goelzer, Gen. Counsel, Richard A. Levine, Atty., Washington, D.C., for amicus curiae.

Before JOHNSON and ANDERSON, Circuit Judges, and DYER, Senior Circuit Judge.

DYER, Senior Circuit Judge:

This is an interlocutory appeal from an order of the district court denying the motions of Florida Federal Savings and Loan Association (Florida Federal) to dismiss the plaintiffs' complaint and for a summary judgment. Plaintiffs Crafts and Dreyers (Crafts), subscribers to a stock offering by Florida Federal pursuant to a conversion from a mutual to stock association, sought rescission and money damages by reason of an increase in the size...

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