Fed. Sec. L. Rep. P 92,714 Edwin J. Herpich v. Robert H. Wallace, Jack E. Love

U.S. Court of Appeals, Fifth Circuit · Decided 1970-07-14

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AINSWORTH, Circuit Judge: In this case we must determine whether minority shareholders of a Louisiana corporation have stated a claim for relief under various sections of the federal securities laws which entitles them to challenge in federal court, absent diversity, the way in which control of their corporation was sold to an Arizo…

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