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RYDER INTERN. CORP. v. FIRST AMERICAN NAT. BANK

Civ. A. No. CV90-PT-253-M.

749 F.Supp. 1569 (1990)

RYDER INTERNATIONAL CORPORATION, a corporation, Plaintiff, v. FIRST AMERICAN NATIONAL BANK, a national bank, Defendant.

United States District Court, N.D. Alabama, M.D.

October 10, 1990.

Attorney(s) appearing for the Case

Samuel H. Franklin, & John M. Johnson, Lightfoot Franklin White & Lucas, Birmingham, Ala., for plaintiff.

David B. Anderson and Elizabeth Allen Champlin, Cabaniss Johnston Gardner Dumas & O'Neal, Birmingham, Ala., for defendant.

MEMORANDUM OPINION

PROPST, District Judge.

This cause comes on to be heard on defendant's Motion for Summary Judgment filed on August 10, 1990. The plaintiff has voluntarily dismissed all its claims except those pursuant to § 12(2) of the 1933 Securities Act1 and § 8-6-19 of the Alabama Blue Sky Law. Both parties acknowledge that the basic elements of the federal and state causes of action are the same and that Alabama...

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