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BRACY v. WINCHESTER METALS CORP.

No. 1:94-CV-575.

898 F.Supp. 515 (1995)

Rodney E. BRACY, and Cathy J. Bracy, Plaintiffs, v. WINCHESTER METALS CORPORATION, Auric Credit International, S.A., Gary Toberty, Dave Abelson, and Alan Goda, Defendants.

United States District Court, W.D. Michigan, Southern Division.

July 5, 1995.

Attorney(s) appearing for the Case

Brian Smalley Felton, Michael T. Hylland, Warner, Norcross & Judd, Grand Rapids, MI, for plaintiffs.

Richard A. Gaffin, Bradley C. White, Miller, Canfield, Paddock & Stone, Grand Rapids, MI, for defendants.

OPINION

QUIST, District Judge.

Plaintiffs Rodney and Cathy Bracy filed this securities fraud action seeking to recover losses they allegedly sustained as a result of certain investments. This matter is presently before the Court on plaintiffs' motion for summary judgment on Counts I and II of their First Amended Complaint. The Court heard oral arguments on plaintiffs' motion on April 27, 1995. At the hearing, the Court questioned whether the amount...

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