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ARRIZZA v. JEFFERSON GUAR. BANK

Civ. A. Nos. 86-4253, 86-4254, 88-0031, 88-0032, and 88-2402.

696 F.Supp. 204 (1988)

Regina ARRIZZA, et al. v. JEFFERSON GUARANTY BANK, et al.

United States District Court, E.D. Louisiana.

September 9, 1988.

Attorney(s) appearing for the Case

Brock, Moral, Cassibry, Fraiche & Pizza, Kenneth A. Goodwin, Trial Atty., Michael R. Mangham, William T. Carlson, Jr., Julie P. Silbert, New Orleans, La., for plaintiff.

Friend, Wilson & Draper, Joseph E. Friend, Diana L. Rachel, New Orleans, La., for South Sav. and Loan Ass'n.

Jones, Walker, Waechter, Poitevent, Carrere & Denegre, Herschel L. Abbott, Jr., Trial Atty., Robert B. Bieck, Jr., Pauline F. Hardin, Denise Redmann Krouse, New Orleans, La., for Jefferson Bancshares, Inc., Jefferson Guar. Bank, Robert L. Pettit, Jr., Paul E. Skretny, Sherwood G. Briggs, John T. Trotter, John Sandidge, Jr., N. Buckner Barley, Jr., Joseph G. Boudreaux, A. Vernon Brinson, William R. Burk, Jr., Doyle Coatney, Richard L. Crowell, Jr., Joseph C. Domino, Charles J. Egan, Jr., Harry M. England.

ORDER AND REASONS

CHARLES SCHWARTZ, Jr., District Judge.

Civil Action No. 86-4254 is before the Court on defendants' motion for summary judgment. For the following reasons, the Court now GRANTS the motion.

This is a securities case. Plaintiffs, Charles L. Romano and Joseph V. Brocato, allege that defendants, Jefferson Guaranty Bank ("JGB") and its parent Jefferson Bancshares, Inc. ("Bancshares"), violated the Securities Act of 1933, 15 U.S.C. §...

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