Fed. Sec. L. Rep. P 94,737 Juanita McClure v. The First National Bank of Lubbock, Texas, Defendants-Appellees,gaines County Developments

U.S. Court of Appeals, First Circuit · Decided 1974-10-07

Cited by 117 later decision(s) in our corpus · see the citation network in Lexace

From the opinion

RONEY, Circuit Judge: There are two issues in this 10b-5 securities fraud case: first, whether the promissory note given together with a trust deed for a bank loan is a security controlled by the federal securities acts, and second, whether the pledge of corporate stock for renewal of the bank loan constituted a sale within the meaning of…

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