David E. Heasley and Kathleen Heasley v. Commissioner of Internal Revenue

U.S. Court of Appeals, Fifth Circuit · Decided 1990-06-05

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GOLDBERG, Circuit Judge: Statement of Facts Between 1981 and 1983, Gaylen Danner, a self-styled economic and financial consultant and securities dealer, introduced Kathleen and David Heasley to numerous investment plans. Before meeting Danner, the Heasleys invested in a mutual fund plan and held $3,000 in stocks as part of Mr. Heasley’s job ben…

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