(DOWNLOAD) "Falk v. Dempsey-Tegeler & Co." by United States Court of Appeals for the Ninth Circuit * Book PDF Kindle ePub Free

eBook details

Title: Falk v. Dempsey-Tegeler & Co.
Author : United States Court of Appeals for the Ninth Circuit
Release Date : January 27, 1972
Genre: Law,Books,Professional & Technical,
Pages : * pages
Size : 57 KB

Description

BURNS, District Judge. Appellant brought this action against the brokerage firm, as well as some of its directors, officers and employees. He claims he suffered losses of $14,125 in the collapse of the price of a speculative over-the-counter stock purchased through the firm. Appellant alleges, inter alia, securities fraud in violation of Section 10(b) of the Securities and Exchange Act of 1934, 15 U.S.C. Â§ 78j(b), and of Securities and Exchange Commission Rule 10b-5, 17 C.F.R. Â§ 240.10-5. The District Court denied appellant's motion to declare this a class action under Rule 23, F.R.Civ.P.1 On appeal, appellant claims error in the order denying his motion.2 Appellee moves to dismiss the appeal as improper.