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BRENNAN v. EMDE MEDICAL RESEARCH, INC.

No. CV-R-83-396-ECR.

652 F.Supp. 255 (1986)

Louis BRENNAN, Individually and as a trustee; Cynthia B. Brennan, individually and as a trustee; Trinity Family Church; Creature Care Foundation, a California corporation; Frederick R. Kreuger and Teresa Jan Kreuger, Plaintiffs, v. EMDE MEDICAL RESEARCH, INC.; Robert B. Stone; Elizabeth Stone; E.J. Snyder; Mike Snyder; James Buckingham; Does I Through X, inclusive, Defendants.

United States District Court, D. Nevada.

December 24, 1986.

Attorney(s) appearing for the Case

Richard O. Kwapil, Jr., Reno, Nev., for plaintiffs.

Ronald J. Logar, and Hamilton & Lynch, Reno, Nev., for defendants.

ORDER

EDWARD C. REED, Jr., Chief Judge.

This case comes to the Court by way of a report and recommendation by the United States Magistrate. In this action, the plaintiffs have filed suit under § 10(b) of the Securities Exchange Act of 1934, 15 U.S.C. § 78j(b), contending that the actions of the defendants in allegedly preventing them from exercising their preemptive rights in the newly issued shares...

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