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FORTENBERRY v. FOXWORTH CORP.

Civ. A. No. H90-0116(W).

825 F.Supp. 1265 (1993)

Floyce L. FORTENBERRY, As Conservator of the Estate of Frank Adams Fortenberry, Plaintiff, v. FOXWORTH CORPORATION and Thomas "Arny" Rhoden, Individually and As a Director and Officer of the Foxworth Corporation, Defendants.

United States District Court, S.D. Mississippi, Hattiesburg Division.

June 9, 1993.

Attorney(s) appearing for the Case

John W. Barrett, Lexington, MS, Alexander A. Alston, Jr., Jackson, MS, for plaintiff.

Robert B. Bieck, Jr., T. Michael Twomey, M. Megan Shemwell, New Orleans, LA, Mark A. Nelson, Hattiesburg, MS, for defendants.

MEMORANDUM OPINION AND ORDER

WINGATE, District Judge.

Before this court is defendants' motion to dismiss this lawsuit under Fed.R.Civ.P. 12(b)(1)1 on the basis that this court lacks subject matter jurisdiction over the dispute in issue. The principal dispute here between the parties is whether the defendants are liable to plaintiff under plaintiff's federal cause of action brought under the Securities Exchange Act of 1934...

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