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SNYDER v. NEWHARD, COOK & CO., INC.

Civ. A. No. 88-K-1440.

764 F.Supp. 612 (1991)

Donald D. SNYDER III and Fred E. Fowlers, Jr., Plaintiffs, v. NEWHARD, COOK & CO., INC., Richard M. Longsdorf, Harry W. Newhard, Calvin B. Agee, William B. Nicklin, Donald Carlsen and Douglas V. Martin III, Defendants.

United States District Court, D. Colorado.

May 16, 1991.

Attorney(s) appearing for the Case

Ronald W. Gibbs, Younge & Hockensmith, P.C., Grand Junction, Colo., for plaintiffs.

Terry L. Lister, Peper, Martin, Jensen, Maichel & Hetlage, St. Louis, Mo., Thomas D. Birge, Brega & Winters, Denver, Colo., and Alan Jacobson, for defendants.

MEMORANDUM OPINION AND ORDER

KANE, Senior District Judge.

Before me is defendants' motion to dismiss plaintiffs' eleventh and part of their twelfth claims for relief. According to the defendants, these claims are improper because they are founded on securities law sections for which there is no private cause of action. In addition, defendants' maintain several portions of plaintiffs' claims are time barred by statutes of limitation.

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